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How can Obama's health care bill lower the debt when the democrats just raised the debt ceiling?
I just like to know oh and by the way are debt is in the trillions now Hope and change.
bumper sticker alert below below.
6 Answers
- Whatever4Lv 71 decade agoFavorite Answer
The debt ceiling is short-term. Congress increased it to cover short-term obligations. The decision doesn't take into account future spending or savings, just what is needed now. It's like calling your credit company to increase your spending limit while you are standing in a checkout line to buy all your Christmas presents. Meanwhile you are vowing to cut out lattes and not go to movies for the next ten years.
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- Lee JLv 61 decade ago
Social Security is going broke, because the government vastly under estimated its cost.
Medicare is going bankrupt because the government vastly underestimated its cost.
Medicare is going bankrupt because the state and federal governments vastly underestimated its cost.
The USPS limps along and survives only with huge government subsidies because the government is clueless about how to run a large and efficient operation.
Amtrak limps along and survives only with huge government subsidies because the government is clueless about how to run a large and efficient operation.
The FAA limps along and survives only with huge government subsidies because the government is clueless about how to run a large and efficient operation.
The <insert bureaucratic government agency here> limps along and survives only with huge government subsidies because the government is clueless about how to run a large and efficient operation.
But we are told, this new health care plan will run like well well-oiled, precision machine. Because this time, and only this time, the government properly estimated its cost and knows how to run this large and very complex system efficiently.
Anybody wanna take bets that this unconstitutional usurpation of American freedoms and affront to personal liberties will be over budget before the first penny of benefits is provided in 2013? Hmmmmmm?
- 1 decade ago
We're already paying for healthcare, it was 16% of our GDP in 2007.
The bill is suppose to cut costs... though the bill has gotten worse and worse since day one.
- BO must goLv 51 decade ago
It won't lower anything. It is like saying I have more money in my pocket after I buy a hamburger.
- Anonymous1 decade ago
blah blah blah
read the news. read history. dont rely on us to help you figure it out.