Extra – From Critical Condition: "The insanity of the House bill"
Yee-ouch! Let's debate!
The bill unveiled today by House Speaker Nancy Pelosi should put to rest for good the thought that this year’s legislative process will produce anything other than a total fiscal and health policy disaster.
To sum it up, the House bill is nothing but a massive, uncontrolled federal entitlement expansion - at a time when the central, looming threat to the nation’s long-term prosperity is the unaffordable health-care entitlements already on the federal books. To create the impression of fiscal responsibility, the bill is jury-rigged with budget gimmicks, implausible eligibility rules, and arbitrary, government-dictated price controls - that have been tried repeatedly without success - to make it look like it costs “only” $900 billion over a decade.