President Obama Lied About Obamacare – But Will It Matter?

Remember President Obama's trademark phrase on the 2012 presidential campaign trail?: "If you like your health care plan, you'll be able to keep your health care plan. Period."

Well, he knowingly lied. Period. According to NBC News, as many as 80 percent of the roughly 14 million Americans who purchase insurance individually will have their policies canceled next year because the policies don't meet the standards mandated by the new health care law. For almost all of them, the new policy they will be required to buy will cost more. How much more? The phrase "sticker shock" is thrown around.

The president knew better. As long as three years ago, he knew regulations would prevent most policies from qualifying for the law's grandfathering provision. Depending on which news outlet you trust, he continued to repeat the promise dozens or even hundreds of times since.

So why did the president promise this? Because he wanted to get the legislation enacted and get himself re-elected in 2012. He won by 5 million votes, but if the more than 10 million Americans affected knew last November they were about to lose their coverage and see a dramatic increase in costs thanks to Obamacare, we might well be debating the policies of President Romney right now.

Read more from Ford O'Connell at U.S. News & World Report

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