At the Washington Post, Ceci Connolly reports President Obama’s proposed budget will create a $634 billion health care fund to partially pay for a vast expansion of the U.S. health system.
According to the Post, Obama’s health care overhaul will cost as much as $1 trillion over the next decade:
Obama would pay for the expansion by trimming tax breaks for the wealthy and tightening payments to insurers, hospitals and physicians, according to a senior administration official.
According to the Wall Street Journal, Obama’s spending cuts are also aimed at “curbing health-care spending overall”:
The cuts would affect a range of interests, including managed care companies, prescription drug manufacturers and hospitals.
The proposed tax change would limit the deductions available to people in the highest income tax brackets.
A trillion here a trillion there pretty soon. . . .
Well...
Mike Gray Wednesday, February 25th at 5:11PM EST (link)…at least Obama isn’t for big government or out of control spending. Oops! Wait a sec….
Hunting down the RINOs at rinosafari.com
If he doesn't see...
whatifidontwanna Wednesday, February 25th at 5:14PM EST (link)his ideas as big government, I wonder what he would define AS big government?
Someone call the Guiness Book of Records. Surely he's just spent more than all the prior 43 combined.
JustLeaveMeAlone Wednesday, February 25th at 5:36PM EST (link)nt
“To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abhors is sinful and tyrannical.” Thomas Jefferson
steroidal spending
publiussteve Wednesday, February 25th at 5:38PM EST (link)I guess it depends on what the definition of “fiscal responsibility” is.
How many different expansions of government is
GCBWI Wednesday, February 25th at 5:54PM EST (link)he expecting to pay for by “trimming tax breaks for the wealthy”, anyway?
Another Trillion This Week...
Ron Robinson Wednesday, February 25th at 6:45PM EST (link)I was going to call this an undisciplined orgy of spending.
Except you have to at least be an adolescent to participate in an orgy.
This is much more like kids in a candy shop. And ill-mannered, ignorant kids, at that.
________________________________________
Ron Robinson
e-Commerce Exec at 800Cart.com eCommerce who blogs at watchcenter.blogspot.com For over 15 years, his firm has assisted over 10,000 small merchants to quickly and easily ’self serve’ their businesses to e-commerce prosperity.
Probably been discussed too much...
dbecraft Wednesday, February 25th at 8:07PM EST (link)but I am really tired of hearing about Universal Health Care. Let’s see, the costs of preventive care would be enormous - with little benefit (regardless of all those that declare major problems diagnosed earlier). I imagine that way too many go to the Doctor for flu and cold symptoms. Has anyone ever broken out the costs of preventive care with that of catastrophic care? I know that I do NOT want to burden my children with my care.
Formally known as Deagle… “Golf is a way of life…”
Wait, I thought nationalizing the health care system was supposed to SAVE money?
Praying Wednesday, February 25th at 9:01PM EST (link)And he’s spending $634 BILLION to PARTIALLY pay for expanding health care? And he’s going to pay for it by RAISING TAXES for the wealthy (gee, that top 2% sure are popular - they get to pay for ALL THIS CRAP!) and curbing health care spending. This guy is so disconnected I’m surprised his head is even attached to his body. He claimed (about 10 times) last night that he was going to cure cancer - but I’m sure cancer treatment and care will be one of those expenses “curbed” under this system - low effectiveness, you know.
I can’t believe the speed with which he is ramming all these bills through congress. Well, I can, because they do give us a LITTLE credit - they know if these bills were actually our for public review there would be such an outcry that they’d never pass - so it’s hurry up and pass, just like the stimulus bill.
This whole thing is really making me sick. I better go to my doctor while I still can.
Oh, the news just announced the gov’t is considering another bail out for the banks. Great….. Now I’m REALLY sick!
Join the RedState Strike Force
People better wakeup
Rapunzel46 Wednesday, February 25th at 10:57PM EST (link)Everyone… from mom and pop to the AMA, the drug companies, wall street…. all the pockets who poured money into his campaign had better get a clue and get it yesterday.
Has anybody else noticed
sdan Thursday, February 26th at 7:28AM EST (link)that every time we hear that this will only effect the richest people the middle-class gets screwed or is this just me?