Investor’s Business Daily | July 14, 2009
Socialized health-care is being rammed down the throats of the American people. Leftist schemes that have been a dismal failure under communist and socialist countries are now here!
The legislation includes big tax surcharges on the rich, a public plan and fines on employers that fail to provide coverage and individuals that don’t get it. Hoping to regain momentum after several stumbles, top House Democrats insist that they’ll move before the August recess.
The bill’s coverage provisions will cost $1.042 trillion over 10 years, according to a preliminary Congressional Budget Office analysis. Virtually all would come in the last seven years.
With voters’ deficit fears growing almost as fast as America’s red ink, Democrats have scrambled to pay for reform’s huge costs. [Read more…]