Wednesday, February 26, 2014

Senate leader Reid blasts Koch brothers over Obamacare ads

Reid addresses reporters at the U.S. Capitol in Washington By Susan Heavey WASHINGTON (Reuters) - Top Senate Democrat Harry Reid on Wednesday accused the billionaire Koch brothers of spreading "horror stories" about President Barack Obama's healthcare law, in the latest salvo in the election-year debate over Obamacare. Reid, the Senate Majority leader, blasted ads by Americans for Prosperity, a political advocacy group backed by David and Charles Koch. The ad scored "two Pinocchios" out of a possible four by The Washington Post's Fact Checker Glenn Kessler, who said the commercial did not properly compare the patient's old and new plans and did not fully disclose the new plans costs. Higher out-of-pocket costs with a new plan could be off-set by lower monthly premiums, Kessler wrote, adding that "over the course of the year, the difference in the costs could well even out." The Koch brothers' vast fortune stems from their oil and gas conglomerate Koch Industries Inc. They have used it to fund numerous conservative causes.








via Health News Headlines - Yahoo News http://ift.tt/1o6j3C6

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