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Health care spending spikes at fastest rate since 1980 in first quarter of Obamacare

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With millions of Americans gaining coverage through President Obama's health care law, health care spending spiked by a staggering 9.9 percent in the first quarter of 2014 -- the fastest rate since 1980 - according to data released Wednesday by the Bureau of Economic Analysis. Obamacare was pitched as a plan to reduce health care spending, and formally titled the "Patient Protection and...

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