In the second debate with Job McCain in 2008, Barack Obama promised, “We’re going to work with your employer to lower the cost of your premiums by up to $2,500 a year.”
It wasn’t just there, though. He reiterated this numerous times on the campaign trail. Freedomworks has a great compilation to emphasize this:
Well, to quote Freddie Mercury, “Another one bites the dust.”
Yes, yet another Obama promise has met its expiration date.
With a hat tip to Joel Pollak at Breitbart, Investors Business Daily, we have a study published by the Kaiser Family Foundation that gives us the facts, and they just don’t measure up. Actually, health insurance rates are going up. Per IBD’s report on the study: