*(Via Politico) – The slowing growth in health care costs isn’t just a fluke or a remnant of the recession, the White House asserted in a report released Wednesday, but rather a result of reforms in ObamaCare.
The White House report is an attempt to shape the debate over how much credit should be given to the Affordable Care Act for the growth in health care spending dropping to its lowest levels since the 1960s.
President Barack Obama has cited the data as evidence for why the law is working, despite the bumpy rollout of HealthCare.gov. But the debate over the reduction in health care costs is far from settled, as studies conclude other factors have been more significant, namely the drop in employment and health care utilization during the recession.
Jason Furman, chairman of the Council of Economic Advisors, which authored the report, said the Affordable Care Act “is a very important part of the story.”