Wednesday, July 22, 2009

More Obama fantasies

Barack Obama says he can "pay" for healthcare reform with savings from the two existing Govt Healthcare programs, Medicare and Medicaid??????

So...we are going to pour billions more into Govt Healthcare, the same Govt Healthcare that now costs $300 billion too much????

This is worse than Bill Clinton's tortured logic.

Calling Medicare and Medicaid “one of the greatest threats to our federal deficit,” President Obama used his weekly address to announce savings in Medicare and Medicaid that the administration said will generate more than $313 billion over 10 years for funding health care reform.

The savings, coupled with a $635 billion “down payment” already outlined in the fiscal year 2010 budget would add up to roughly $950 billion toward paying for health care reform.