You know that health care bill thing? Yeah, the one that we've been hearing about for a while? You want it? Then gimme a trillion dollars. It's okay, you can pay it over the course of ten years.
Yes, one trillion dollars over ten years. That may sound like a lot, but that is actually 100 billion a year. Think about it. The Department of Defense spent about $515 billion in just 2009. Now that I think about it, 100 billion doesn't sound all that bad. And it isn't. The bill could reduce the deficit by anywhere from $50 billion to as much as $120 billion dollars over a ten year period. Also the growth of our lumbering Medicare program would slow slightly.
Overall, the bill is a pretty good deal, but Obama expressed his disapproval at the price tag and is pressuring Congress to cut it down to about $900 billion.
Check out the article for more info. As usual, the link is in the title.
~Victor Hung
Friday, October 23, 2009
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5 comments:
If this health care gets passed, I hope it will help the people in need. I agree, it does sound a lot, but it is an important reform that could help and affect many people's lives so it should be worth it.
I agree. Health Care does seem to be asking for a lot. However, if the reform does get passed, it will be very helpful to everyone in the future. Even if it may happen over a course of ten years to get the payments and everything in. I believe it is worth it in the end.
Health care is really important and im glad to here that health care is such an important issue to people. ALthough I agree it does sound like a lot, health is very important. Like Victor said, it is a good deal considering 515 dollars on defense in 2009.
I'll admit that the price is high but when compared to how much the Department of Defense spent, this price doesn't seem so bad. It's time for this health care bill dilemma to come to an end. I think that $100 billion is a small price to pay for a lifetime worth of health care.
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