Heritage Foundation New Obamacare Report-Gee, it's almost as if they deliberately lied or something.

Heritage Foundation's new Obamacare study touted by Ted Cruz and others finds that "individuals in most states will end up spending more on the exchanges" -- but leaves out one key bit of math:

DYLAN SCOTT – OCTOBER 21, 2013, 8:46 AM EDT9720

The conservative Heritage Foundation released last week a new report on insurance premiums under Obamacare, and the conclusion was that favorite of conservative talking points: people are going to pay more for insurance under Obamacare.

Only the foundation left out one key variable in the equation, one that undermines their conclusion that "individuals in most states will end up spending more on the exchanges."

They didn't account for the financial help that the Affordable Care Act gives uninsured people to purchase insurance, one of the law's central provisions.

Under Obamacare, the sticker price for insurance isn't what most people are going to actually pay. The law offers tax credits, on a sliding scale, for people making between 100 and 400 percent of the federal poverty level. According to estimates from the Kaiser Family Foundation, more than half of uninsured Americans have an income within that range.

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http://talkingpointsmemo.com/dc/one-big-problem-with-the-heritage-foundation-s-new-obamacare-study