Tags: Barack Obama | Healthcare Reform | Obamacare | Fox News

Obama Hails Huge Success of Obamacare, Rips Fox News

Obama Hails Huge Success of Obamacare, Rips Fox News
(Kamil Krzacznski/EPA/Landov)

Friday, 03 October 2014 09:11 AM

President Barack Obama has claimed that GOP candidates in the midterms are not taking aim at Obamacare during their election campaigns because the healthcare law has been an overwhelming success.

During a speech Thursday at Northwestern University in Evanston, Illinois, the president said the positive effect of Obamacare on the economy has been "staggering," according to The Hill.

"There's a reason fewer [Republicans] are running against Obamacare — because while good, affordable healthcare might still be a fanged threat to freedom on Fox News, it's working pretty well in the real world."

His comments promoting his signature domestic policy while also attacking the conservative-leaning Fox News Channel came a day after the first year anniversary of the troubled launch of the federal exchange HealthCare.gov.

Obama said that since the introduction of the Affordable Care Act the rising costs of healthcare had tapered off, allowing more individuals to afford insurance, The Hill reported.

"If we hadn't taken this on, and premiums had kept growing at the rate they did in the last decade, the average premium for family coverage today would be $1,800 higher than they are," Obama told students. "That's $1,800 you don't have to pay out of your pocket or see vanish from your paycheck. That's like an $1,800 tax cut."

The president, who had earlier attended a big-ticket fundraiser for Illinois Gov. Pat Quinn, maintained that the cost of Medicare and Medicaid has also remained steady.

"Healthcare has long been the single biggest driver of America's future deficits," Obama said. "Healthcare is now the single biggest factor driving those deficits down."

With four weeks to go before the November 4 elections, Obama also went on the attack against the GOP, according to The Daily Caller.

He said, "I have laid out my ideas to create more jobs and grow more wages. A true opposition party should have the courage to lay out theirs. There's a reason fewer Republicans are preaching doom on deficits — because they're now manageable."

While hyping Obamacare, the president also pointed to the number of people who have benefited from the healthcare law.

"In just the last year, we've reduced the share of uninsured Americans by 26 percent. That means 1 in 4 uninsured Americans, about 10 million people, have gained the financial security of health insurance in less than one year."

The president also claimed that Obamacare has given young entrepreneurs the freedom "to strike out on your own and chase that new idea."

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President Barack Obama has claimed that GOP candidates in the midterms are not taking aim at Obamacare during their election campaigns because the healthcare law has been an overwhelming success.
Obamacare, Fox News
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2014-11-03
Friday, 03 October 2014 09:11 AM
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