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Not so fast: White House credits Obamacare with helping slow rise of health care spending

The White House and top Democrats were quick today to applaud a new federal report showing that 2009 to 2012 saw the slowest growth in U.S. health care expenditures since the 1960s. White House senior communications advisor Tara McGuinness also tweeted out the good news, complete with graph.

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https://twitter.com/redsteeze/status/420315900320182272

NBC News reports that, “while the White House tried to take credit for putting on the brakes, it really looks more like plain old economic cycles, government actuaries reported Monday.” In other words, the recession. “Obamacare’s role? Almost none at all, they found — something the White House strongly disputes.”

The Washington Post also credits the recession for the trend, as well as the fact that major prescription drugs like Lipitor and Singular went generic. Reporter Sarah Kliff noted that federal officials said “the Affordable Care Act has had a ‘minimal’ impact on health care spending.”

Any other questions for Health Care Tara while we’re talking Obamacare?

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https://twitter.com/SpeaksDem/status/420319342064963584

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