Health Care Law Unlikely to Fulfill Promises

Medicare Actuary Doubts Health Care Law

Will Hold Down Costs

by The Associated Press

WASHINGTON -- Two of the central promises of President Barack Obama's health care overhaul law are unlikely to be fulfilled, Medicare's independent economic expert told Congress on Wednesday.

The landmark legislation probably won't hold costs down, and it won't let everybody keep their current health insurance if they like it, Chief Actuary Richard Foster told the House Budget Committee. His office is responsible for independent long-range cost estimates.

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