Barack Obama Admitted in 2010 White House Summit on Obamacare that 8 or 9 Million Americans Would Lose Health Care Plans

President Barack Obama admitted to Rep. Eric Cantor (R-VA) and other House Republicans in 2010 in a White House summit on Obamacare after being questioned about people losing their insurance that 8 to 9 million Americans would lose their healthcare plans. During his condescending comments, Obama said that government makes decisions to protect consumers with bi-partisan support. The only problem is that there was no bi-partisan support for Obamacare, it was passed with not one GOP vote in the House or Senate.

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.

The money line in the above video from Obama comes at the 2:15 mark “… because what we don’t want is a situation in which people think they are getting one thing and they’re getting something else.  They’re harmed by a product.” Obama went on to say what we see is consistent abuses by the insurance companies and people helpless to deal with it. ARE YOU KIDDING ME!!! So what happens when Barack Obama does a “bait & switch” with Obamacare and the American people are helpless to deal with it?

The intended consequences of Obamacare is that millions of Americans have had their insurance plans canceled and thrown off their existing health plans and are learning the harsh reality that deals in the Obamacare exchanges to be not better, but actually much, much worse.