Keith Hennessey, a Bush 43 economist, has a great blog post on
ObamaCare, mostly without political spin or overheated rhetoric (says the guy who has had a couple of overheated-rhetoric posts on this very topic). Hennessey takes the letter Obama sent out to Kennedy and Baucus, unpacks what Obama actually says, compares it to Obama's (and other Democrats) past proposals on health care, and summarizes the meaning very well. Worth your read, partly as a way to see Obama's triangulation on health care, and partly to get an idea of what might be coming later this year.
Here's Obama in his own words:
Health care reform must not add to our deficits over the next 10 years — it must be at least deficit neutral and put America on a path to reducing its deficit over time.
I have yet to hear
a compelling any coherent reason why health care "reform" would lead to lower budget deficits. Come on. Anyone? Give me your best shot.
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