There is a slight disparity between Obama’s promise: “If you like your present coverage, you can keep it.”, and the CBO’s estimate that as many as 20 million Americans may lose the insurance they currently have through their employers. But, than, Obama is the “big thinker” when it comes to what Americans should bear – because he said so – in national debt, taxes, unemployment, cronyism, corruption, international disgrace, high energy prices and his unrelenting plethora of lies and deceits.
Now comes CBO saying that a computer model used by it and the Joint Committee on Taxation to project the impact of changes in federal health care policy could result in as many as 20 million Americans losing the insurance they currently have through their employers. A more likely outcome, according to CBO, would be only 5 million people losing their present coverage. But whether the actual total proves to be 20 million or 5 million or some figure in between, such losses undermine Obamas credibility with large numbers of people who were previously willing to give him the benefit of the doubt.