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Health-care overhaul legislation being drafted by House Democrats will include $600 billion in tax increases and $400 billion in cuts to Medicare and Medicaid, Ways and Means Committee Chairman Charles Rangel said.
Asked whether the cost of a health-care overhaul would be more than $1 trillion, Rangel said, “the answer is yes.”
Originally posted by Vitchilo
600 billion in TAX INCREASE and 400 billion in SERVICE CUTS...
Great deal right?
Obama worshippers, where are you? Oh right, your dead because you waited too long for your socialized medicine!
the $634 billion President Barack Obama proposed in his budget request to Congress as a down payment for the policy changes.