Sunday, November 10, 2013

Obama to Cantor in 2010: 8 to 9 million Americans will lose medical insurance coverage

President Barack Obama admitted in 2010 that 8 or 9 million Americans would lose their existing health insurance plans under Obamacare.

“The 8 to 9 million people that you refer to that might have to change their coverage — keep in mind out of the 300 million Americans that we’re talking about — would be folks who the CBO, Congressional Budget Office, estimates would find the deal in the exchange better,”

Obama said to Rep. Eric Cantor at a February 25, 2010 White House summit on health insurance regulation.


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