FLASHBACK: OBAMA PROMISES TO LOWER HEALTHCARE PREMIUMS BY $2,500 PER YEAR

The Obama administration on Monday confirmed health insurance premiums under the Affordable Care Act would increase by an average of 25 percent across the country by 2017. But in 2008 amid his campaign for election, the president continually promised his signature health care law would decrease health premiums for American families by up to $2,500.

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