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Old 11-12-2009, 08:51 PM
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Default What is Known About Healthcare Reform

Whether you support the proposed healthcare reforms or not their are several things that are clear:

1. Any of the healthcare plans under consideration will require new taxes starting in 2010, but will not provide coverage to a single additional person until 2013.
2. All of the bills will require large new federal agencies to administer them.
3. By the administration's most recent statements, there will be a large upfront cost and potential savings will not be realized until 2023 at the earliest.
4. We will have created a huge new entitlement program that can never be cancelled and will extend its reach as surely as Medicare has. Medicare Part D seems like a wonderful idea until you realize that all the costs are being put on our children and grandchildren.

Do we need to jump into this financial abyss at a time when we are seeing record unemployment, foreclosures and the states going bankrupt?