Thursday, July 01, 2010

Aspirations vs. reality - Reason: "Is the CBO skeptical that Obamacare will restrain the growth of health care spending?"

Extra - WashPost: "CBO tells Obama deficit panel that forecast remains bleak." "President Obama's overhaul of the health-care system has done little to improve the nation's fiscal outlook, and his pledge to extend an array of tax cuts for the middle class would only make things worse, congressional budget analysts said Wednesday."

More - Speaking of the deficit panel, here's a graph indicating that revenue will never be able to catch up with spending, which is going to be (surprise!) Medicare and Social Security costs.

No comments: