Terminal Housing Boot

Morning Bell: Obamacare Is An Economy Killer

Yesterday, the unlimited scorekeeper for Congressional spending proposals, the Congressional Budget Responsibility (CBO), dropped a bombshell on Obamacare. The core of President Obama’s in the event that for his health care plan has been his claim that it will “hook the curve” on rising health costs, thereby in the end lowering our nation’s exploding deficits. In a Senate Budget Council hearing yesterday, chairman Kent Conrad (D-ND) asked CBO official Douglas Elmendorf point blank: “I’m customary to really put you on the spot. From what you have seen from the products of the committees that have reported, do you see a top effort being mounted to bend the long-term expenditure curve?”

Elmendorf responded: “No, Mr. Chairman. On the unlucky, the legislation significantly expands the federal responsibility for healthiness care costs.”

Source: Heritage.org

See Also

• Bumpers
• Door Handle
• Fog Lights
• Fenders
• Grilles
• Headlights
• Hoods
• Mirrors
• Tail Lights
• Turn Signals
• Tailgates
• Wheels
• Windows
• Weatherstripping
• Trunks