FactCheck: Obama, Romney health care claims
Mitt Romney and President Obama both had things to say about Thursday's Supreme Court decision on health care and both men stretched the truth a bit.
You're going to be hearing a lot of these same false claims about the health care law in this election season and you've some of them before. Let's start with the president:
"If you're one of the more than 250 million Americans who already have health insurance, you will keep your health insurance. This law will only make it more secure and more affordable," President Obama said.
FactCheck: That's not completely true. Most American's have their health insurance plans through their work and companies will be free to switch coverage plans just like they can now. They can even drop their health insurance coverage, though they'd have to pay a $2,000 per employee tax for doing that.
Now, let's take a look at what Mitt Romney said:
"Obamacare raises taxes on the American people by approximately $500 billion. Obamacare cuts Medicare, cuts Medicare, by approximately $500 billion."
FactCheck: On taxes, Romney left out the fact that most of the money would be coming from people making more than $200,000 a year and that a large majority of Americans wouldn't see any direct tax increase. On cuts to Medicare, the law doesn't cut the current Medicare budget by $500 billion. It reduces the growth of Medicare by $500 billion over the next 10 years. Medicare spending will still increase, just not as much.
Romney also said, "Obama care adds trillions to our deficits and our national debt."
FactCheck: That's not accurate. The non-partisan Congressional Budget Office estimates the law will reduce the federal deficit by $210 billion over the next 10 years and as ABC7 News reported Thursday, Romney's claim that the health care law is a job killer doesn't stand up. Neither does the president's claim that 13 million Americans are going to get a rebate from their insurance companies.
barack obama, mitt romney, health care, supreme court, politics, mark matthews
- Stolen European passports on missing plane
- Russia reinforces military presence in Crimea
- Rally held in SF to mark anniversary of Japan quake
- $1.2M bond set for mom who drove kids into ocean 38 min ago
- Tips for adjusting to daylight saving time
- 'Sunday Streets' returns to San Francisco
- 750 immigration detainees on hunger strike in US
- Petaluma police say thieves targeting utility trucks
- 49ers Jim Harbaugh ready for start of free agency
- Plan to build median on GG Bridge moves forward 20 min ago
- MasterCard, Visa plan group focused on security
- Wheel of Fortune is in Northern California! 34 min ago
- weather: Bay Area weather forecast for Saturday
- roundup: Officer-involved shooting; Murder case