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  • Obama: We knew health costs would go up

    09/11/2010 9:51:49 PM PDT · by SmartInsight · 84 replies
    The Hill ^ | Sept 10, 2010 | Mike Lillis
    President Obama on Friday defended the Democrats' healthcare law, saying the enormous expansion of insurance coverage made an increase in healthcare spending inevitable. "As a consequence of us getting 30 million additional people healthcare, at the margins that's going to increase our costs - we knew that," the president told reporters during a White House press conference. "We didn't think that we were going to cover 30 million people for free."