In an interesting twist of events, Fox News contradicts its months-long propaganda position of the Affordable Care Act–derisively called Obamacare–being nothing but bad news for the country.
Here’s the transcript of the narration of the video, as well as the video itself:
From the moment it began and by virtue of its mere existence, Barack Obama’s presidency has been singularly historic.
It really seemed possible that this remarkable man would be someone truly and remarkably different. Who can lift us out of the…out of the…partisan differences that divide us. But the country was mired in two wars and reeling from the great recession.
Early on the chief executive secured from Congress an 840 billion dollar stimulus measure. But unemployment remained stubbornly above 8%, and even the president wondered what happened to all the shovel-ready projects.
The rapid rise in federal spending climaxed in a 16 trillion dollar debt, and negotiations between the White House and Congressional Republicans over whether to extend the debt ceiling produced only a short-term fix, a more embittered capitol, and an unprecedented downgrade to Uncle Sam’s credit.
In March 2010 after a year of often fierce debate, Mr. Obama signed into law a landmark overhaul of healthcare. With its individual mandate to purchase insurance and trillion-dollar price tag, the Affordable Care Act will, according to congressional auditors, bring health care coverage to thirty million uninsured Americans and reduce the deficit by 210 billion over a decade. But its early effects were tough to gauge, even as a divided Supreme Court upheld its constitutionality.
Even though the rest of the video is rife with misinformation (debt being caused by this administration and federal spending at all-time highs aren’t quite true) and disrespect toward our president (calling him “Mr.” instead of “President” is a bit rude), it is amazing that they decided to report facts for once–the Affordable Care Act will reduce the deficit over time.
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