Oops! Turns out Obama's cost-cutting health plan won't save a dime; cheaper to do nothing
December 14, 2009
It's probably just coincidental that bad numbers about President Obama's much-coveted healthcare legislation came out late last week when few people were paying attention.
This is the absolutely crucial healthcare reform plan that simply had to be drafted, discussed, debated, amended and passed before early August. It's supposed to cover millions more Americans and reduce the nation's soaring medical costs.
Turns out, not.
Here's a little chapter review before semester finals:
Analysts in the Obama administration's Health and Human Services Department reported Friday that the nation's $2.5-trillion annual healthcare tab will not shrink at all under the Democrats' legislative blueprint as being pushed by happy Harry Reid of Nevada, the Democratic leader in the Senate.
Instead, they said, the nation's medical costs will actually grow faster under the new bill than....
Continues: http://latimesblogs.latimes.com/wash...cit-grows.html
SOURCE: http://www.gcnlive.com/