In a colossal “oh by the way” revelation, last Friday afternoon the Centers for Medicare and Medicaid Services (CMS), a federal agency under the United States Department of Health and Human Services (that would be the executive branch run by President Obama), quietly released a report exposing the fact that under Obamacare, two-thirds of Americans who work at small businesses will see their insurance premiums increase. So this report – which is more than two years late – says over 11 million American workers will have higher health insurance premiums because of Obamacare. Despite the administration’s attempts to, as House Speaker John Boehner put it, “delay and deemphasize” the report, we now have it straight from the Obama administration that Obamacare will raise health-insurance premiums for American workers. That is a far cry from Obama’s 2008 campaign promise that families would see lower health insurance premiums – $2,500 lower, to be exact – under Obamacare.
Be sure to file this under “Things Paul Krugman Won’t Write About.”