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President Obama told ABC News’ Charles Gibson in an interview that if Congress does not pass health care legislation that will bring down costs, the federal government “will go bankrupt.” The president laid out a dire scenario of what will happen if his health care reform effort fails. If we don't pass it, here's the guarantee….your premiums will go up, your employers are going to load up more costs on you,” he said.
The president said that the costs of Medicare and Medicaid are on an “unsustainable” trajectory and if there is no action taken to bring them down, “the federal government will go bankrupt.”
Originally posted by kozmo
What a shill! I can read right through this. Here's the missing ingredient... there is an increasing number of us hoping to God that the whole system goes bankrupt - the sooner, the better!!! This promise of his simply makes me even MORE opposed to this abomination!