Tuesday, February 2, 2010

Why Was Obama In Such a Rush on Healthcare?

It may not have been the 2010 election but the budget he had to submit given how many taxes he planned on raising even without a healthcare bill. Of course that begs the question, if he knew he was going to raise taxes like this, why would he push a healthcare bill which might have sent this economy into a severe recession or depression?:

President Barack Obama’s new $3.83 trillion budget is a chickens-come-home-to-roost moment for Democrats who skipped past the deficit to tackle health care last year and now risk paying a heavy price in November.

The great White House political gamble was to act quickly — before the deficits hit home — and institute major changes which proponents say will serve the long-term fiscal health of the country. Instead, a year of wrangling and refusal to consider more incremental steps have brought Obama and Congress to this juncture, where waves of red ink threaten to swamp their boat and drown reform altogether.

No comments: