In his weekly radio address on Saturday, President Barack Obama promised that the new health
care law would contain a provision that limits the amount that insurance companies can charge annually for out-of-pocket costs such as co-pays and deductibles. He also has promised that the so-called public option in which the government would compete against private insurers would do so without any taxpayer subsidies.
How can this be when he says he's going to help pay for this expensive package with $500 billion in health care cuts? Is there no end to the promises, as unrealistic as they may be? By now, hasn't Obama figured out that the public isn't so stupid that it believes that by his simply saying something will make it so?