Yes, Virginia, he lied.

Obama in his speech claimed that his plan will 1) extend coverage to all; 2) force insurance companies to cover “at no extra charge” routine check ups and screening tests like mammograms and colonoscopies; 3) place limits on how much people can be charged for out-of-pocket expenses; 4) forbid yearly or lifetime caps on coverage — and 5) spend less than we are currently spending! You are beyond stupid if you buy that, dare we say it, lie.