By Chris Conover, Feb. 4, 2015, Forbes.com

President Obama’s reaction to yesterday House vote to repeal Obamacare was astonishing. “This is working not just as intended, but better than intended” he declared at a White House meeting with 10 people purported to have benefited from the law. Call me gob-smacked. President Obama either has an exceedingly poor memory or is (yet again) engaging in some serious truth-twisting regarding Obamacare. As we’ll see, President Obama has earned an F on the five biggest promises he made about his law. Moreover, relative to CBO projections, Obamacare has achieved at worst 50% of what was expected or at best 88%. If the president reallyintended for his law to achieve such dismal results, he should have told us that five years ago.

What Was Promised For Obamacare?

Let’s start with the five most significant promises made by the president regarding Obamacare:

Promise #1: Universal Coverage. Candidate Obama promised on June 23, 2007: “I will sign a universal health care bill into law by the end of my first term as president that will cover every American.” Let’s give the president the benefit of the doubt and assume that by “Americans” he was excluding the 5.6 million illegal immigrants who are uninsured since Obamacare by design will not cover them.