President Barack Obama has finally put into words what everyone already knows: that insurance companies are “deceptive and dishonest” in their efforts to kill any semblance of health care reform, no matter the cost. Now let’s see if he does anything with this knowledge. — JCL

Reuters:

U.S. President Barack Obama lashed out on Saturday against the “deceptive and dishonest” efforts of health insurance companies, who he said are trying to kill healthcare reform, no matter the cost to the country.

Sharpening his attack on insurers, Obama also signaled support for a congressional review of the insurance industry’s long-standing exemption from federal anti-trust laws. Some Democrats want the privilege repealed.

The Democratic president’s push to revamp the $2.5 trillion U.S. healthcare industry, his top domestic policy priority, received a big boost this week when the Senate Finance Committee approved its version of a reform measure with the support of Republican Senator Olympia Snowe.

Read more

WAIT, BEFORE YOU GO…

If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.

Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.

SUPPORT TRUTHDIG