Obama-HC-Bad

Obama-HC-Bad - HC Bad Dartmouth 2K9 1 Obamas health care massively increases federal deficit reduces jobs increases taxes and destroys freedom

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
HC Bad Dartmouth 2K9 1 Obama’s health care massively increases federal deficit, reduces jobs, increases taxes, and destroys freedom. Wicker, Senator (R-MI), 7/20 (Roger Wicker, Senator (R-MI), 7/20/09, “Cost of Health Care Will Hurt Economy,” http://www.natchezdemocrat.com/news/2009/jul/20/cost-health-care-will-hurt-economy/) In the past two months, I have used this column multiple times to discuss the ongoing debate in Congress over health care reform . I believe it is one of the more important debates of our time and because, while we have a great opportunity to implement positive reforms, we also stand to lose greatly if we take the wrong approach. As the debate continues, it has become clear that one of the more troubling aspects of the proposals being put forth by congressional Democrats is the cost to taxpayers. It is apparent that their proposals will come with more debt, higher taxes and lost jobs. Too much debt The American public is increasingly worried about the massive debt we are accumulating. And for good reason. We learned two weeks ago that for the first time in history the annual budget deficit has grown to more than $1 trillion. By the end of the fiscal year, the Obama administration expects that number to reach $1.8 trillion — an estimate some economists say is overly rosy considering the condition of our economy. This means the federal government is spending about $500 million per day — yes, per day — in interest alone on the national debt. In response to this massive amount of red ink, the last thing we should be doing is adding hundreds of billions of dollars in more debt. A portion of the Senate Democrats’ health care plan was voted out of committee last week on a party line vote. The bill adds at least $1 trillion to the deficit, would force millions of Americans to lose their private health insurance, and would still leave 30 million Americans without health coverage . On the other side of the Capitol, House Democrats unveiled their health care plan last week. Their plan is expected to cost between $1 and 2 trillion but would still leave 17 million people uninsured. Even worse, the director of the government agency that evaluates the cost and impact of legislation before Congress said
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/20/2010 for the course K 101 taught by Professor Staff during the Fall '10 term at UMass Lowell.

Page1 / 3

Obama-HC-Bad - HC Bad Dartmouth 2K9 1 Obamas health care massively increases federal deficit reduces jobs increases taxes and destroys freedom

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online