Sunday, June 14, 2009

The Obama effect(s)

"President Clinton believed in the public sector, but he thought that his responsibility to the long-term fiscal condition of the country ruled out a significant expansion of the government in the economy as a whole," said William A. Galston, a former Clinton policy adviser who is a senior fellow at the Brookings Institution. "What is unmistakably clear is that the trajectory of the Obama administration — whether it's four years or eight years in office — will be the reverse."
Obama’s spending plans pose political risks

"June 12 (Bloomberg) -- Health-care overhaul legislation being drafted by House Democrats will include $600 billion in tax increases and $400 billion in cuts to Medicare and Medicaid, Ways and Means Committee Chairman Charles Rangel said."
House Health-Care Proposal Adds $600 Billion in Taxes

Health care debate could derail over gov't plan
One can only hope.....

Hospitals oppose Obama's Medicare, Medicaid cuts

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