Fox News reports:
President Obama blamed health care costs for the mounting federal deficit, saying Tuesday the country will spend $1 out of every $5 on health care within the next 10 years if the government does not mandate reform.
Describing the need to control costs as the administration’s “top priority,” the president said health costs as the “primary driver” of the federal deficit.
“The U.S. government is not going to be able to afford Medicare and Medicaid on its current trajectory,” Obama told reporters during his fourth solo news conference Tuesday.
Health care spending is sucking the life out of the federal budget, so clearly the solution is a massive expansion of government health care spending. Good thinking.
POSTSCRIPT: By the way, the bailouts and “stimulus” package might have contributed a wee little bit to the deficit as well, mightn’t they?
Internet Scofflaw 