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The painful side effects of Obama's healthcare reform - Los Angeles Times

Here's a way for America to cut its spiraling healthcare costs: ice floes. This idea isn't mine. It's President Obama's. Or rather, it's where we're likely to end up if the president prevails on Congress to pass the adventurous healthcare reform proposal currently being discussed, which the Congressional Budget Office estimates will cost about $1 trillion over the next 10 years. That's on top of Medicare's annual $327-billion budget, whose massive deficits, if they continue at the same rate, are predicted to bankrupt the Medicare system by the end of the next decade.

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Posted July 6, 2009
 
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