President Bankrupt Obama's administration announced a MASSIVE 10 year $634 billion "tax and spending cut" health reform package aimed at achieving health coverage for all Americans (at "rich" peoples' expense, of course). The federal forecast predicts upper income tax increases combined with cuts to government health spending  will pay for this boondoggle.

Forget any cuts in health care spending. They will never happen. 10 year projections are worthless - they are always overly conservative. The only thing conservative in Washington are spending estimates. You can certainly count on the tax increases, however.

Prediction--if this bill passes, quadruple the estimates. The $634 billion is just the tip of the iceberg. This massive entitlement will cost at least $3 trillion over 10 years. That's the way these estimates always work.  So that's another $250- $300 billion per year put on the backs of the "rich" who soon will qualify for food stamps when Obama gets done with them.
                                           
$634 Billion Budget Projection
      < Additional $2.5 Trillion Needed

What did you expect from Bankrupt Obama, who was the most liberal Senator before he was elected Enabler in Chief? He simply has morphed into the most liberal President in U.S. history.

Every day he speaks, the stock market goes down. At this rate the DOW will be ZERO in 100 days.

WE TOLD YOU SO.