Gov. Actuaries Say ObamaCare Will Increase Health Care Spending By $621 Billion Over Next 10 Years

President Obama has made many promises about his signature health care plan, but one of the simplest was an assurance that it would lower national health care spending and save every family thousands of dollars.

For example, in May 2009 he hailed "comprehensive health care reform -- so that we can do what I pledged to do as a candidate and save a typical family an average of $2,500 on their health care costs in the coming years."

But now government actuaries have reached a different conclusion, finding that ObamaCare will actually increase health care spending by $621 billion over the next 10 years.

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