Newsmax.com - Universal Obamacare: Will It Bankrupt America?:
Wednesday, April 22, 2009 6:55 PM
By: David A. Patten Article Font Size
A growing chorus of experts is warning the Obama administration�s plan to add 47 million people to the health-insurance rolls may kill hopes for a sustained economic recovery.
Obama�s healthcare plan would follow the $700 billion TARP bailout, the $787 billion stimulus, and a $410 billion, earmark-laden budget appropriation -- at a time when the U.S. budget deficit already exceeds $11 trillion.
Such staggering deficits are leading economists to question whether enough investment capital would be left over once the expected economic recovery takes hold. Any economic recovery could stall or be seriously limited, economists say."
Thursday, April 23, 2009
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