Tuesday, April 5, 2011

Repeal of ObamaCare Key to Ryan Plan

Michael Cannon, Cato Institute
The federal budget is set to produce at least another $6.7 trillion of red ink over the next 10 years. President Barack Obama has abdicated leadership on the budget. First he signed a health care law that ostensibly reduces the deficit, but will actually increase it by $562 billion once you strip away the budget gimmicks. Then he proposed a budget that would increase federal deficits by $2.7 trillion and double the national debt.Obama's budget strategy appears to be, as one Democratic wonk put it, "wait for Republicans to act and trap them." It appears Republicans will do the...

Source: http://www.realclearpolitics.com/articles/2011/04/05/repeal_of_obamacare_key_to_ryan_plan_109453.html

Bill Clinton Rudy Giuliani Jimmy Carter Dick Cheney Barack Obama

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