We need specifics not rhetoric. I don't like the health care bills being discussed in Congress, don't want them (along with the majority of Americans if we are to believe polling data), and feel they are quite injurious to the country's economy. But that's me.
Harry Reid feels and says otherwise. According to his speech on the Senate floor today, the health care bill is a virtual pancea for many of our country's issues, and he closed with "it will reduce the debt." I think we need some specifics here.
How can we spend over a trillion dollars on this massive program, raise taxes on most Americans to partially fund it (in direct contradiction to Obama's campaign promise), and borrow a half-trillion from an already failing pre-bankrupt Medicare program and say that this program will reduce the debt?
I have a much better, more economically sound way to reduce the debt - don't enact any of this. That will definitely have a deficit-neutral impact on the budget. It won't actually reduce it, but it won't allow it to grow either. In government terms that is a huge savings.
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