Obama (who has no idea whatsoever about the cost of nationalized health care) promised to reduce the cost of health care from $1.6 trillion to "only" $900 billion in his Sept. 9 whitewash. Of course the real cost of national health care can olny be determined once the sick begin to present themselves to hospitals and health care providers for care. Obama: "Add it all up, and the plan I’m proposing will cost around $900 billion over ten years ..... Most of these costs will be paid for with money already being spent – but spent badly – in the existing health care system." (So Obama does still intend to raid Medicare!)
And in another crystal ball prognostication Obama predicts: "The plan will not add to our deficit. The middle-class will realize greater security, not higher taxes. And if we are able to slow the growth of health care costs by just one-tenth of one percent each year, it will actually reduce the deficit by $4 trillion over the long term." For a transcript of the Obamacare speeck visit: Obamacare Speech
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