Chuck Grassley: “when the Affordable Care Act became law, President Obama promised affordable healthcare. Contrary to Obama's promises…”

“when the Affordable Care Act became law, President Obama promised affordable healthcare. Contrary to Obama's promises, in reality, ObamaCare has spiked health insurance premiums and led to higher costs. Instead of fixing ObamaCare and lowering costs, Democrats established a new, temporary COVID subsidy for wealthy households--temporary. That ``temporary'' ends December 31. Democrats want to extend it way beyond that. It is another example of a temporary program never being very temporary. So this temporary subsidy has driven more taxpayer dollars into broken systems where premiums keep going up and more money is shoved to insurance companies. Now, remember the promises of 2010--ObamaCare's passage that year. It promised to bring down healthcare costs by $2,500, and we see now, 15 years later, it is up at least $5,000. So you can see the promise in 2010 by President Obama was off by $7,500. I want to explain how we got here, discuss my concerns about fraud, waste, and abuse in ObamaCare, and provide some commonsense solutions to bring down healthcare costs.”