Press Release
Obama Health Bill Ignores Deficit, Exposes Debt Commission As Fig Leaf
Washington,
February 23, 2010
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Josh Kahn
(202.225.2576)
In the process of pushing his so-called health care reform bill, President Obama is proposing another $950 billion dollars in new spending. The proposal would blow a huge hole in the deficit and shows just how lightly he takes his own newly proposed debt commission.
In the process of pushing his so-called health care reform bill, President Obama is proposing another $950 billion dollars in new spending. The proposal would blow a huge hole in the deficit and shows just how lightly he takes his own newly proposed debt commission.
Congressman McHenry is a member of the budget committee and author of the Commission On Reforming Entitlement (CORE) Spending Act. Congressman McHenry's statement: "This proposal proves that the Administration isn't focused on jobs, isn't focused on the economy, and certainly isn't focused on the $1.6 trillion deficit all Americans face. "This bill will hike federal spending, hike deficits and slow economic growth, plain and simple. No president worried about American jobs and massive debt would propose something like this right now. Higher debt will inevitably lead to higher interest rates, fewer jobs and eventually, massive tax increases.” ### |