President Obama, today:
“If we don’t pass it, here’s the guarantee….your premiums will go up, your employers are going to load up more costs on you,” he said. “Potentially they’re going to drop your coverage, because they just can’t afford an increase of 25 percent, 30 percent in terms of the costs of providing health care to employees each and every year. “
The president said that the costs of Medicare and Medicaid are on an “unsustainable” trajectory and if there is no action taken to bring them down, “the federal government will go bankrupt.”
Sen. Bernie Sanders, I-Vt., — a prominent liberal — speaking on Monday:
“Can I sit up here or stand here with a straight face and say, we have got strong cost-containment provisions in this legislation? That if you’re an ordinary person who has employer-based health care, that your premiums are not going to go up in the next eight years based on what’s in this bill? I can’t say that. It’s just not accurate.”
