From the AP:
Obama: It’s OK to borrow to pay for health care
WASHINGTON (AP) — President Barack Obama on Tuesday proposed budget rules that would allow Congress to borrow tens of billions of dollars and put the nation deeper in debt to jump-start the administration’s emerging health care overhaul.
OF COURSE it is! Feel free Barry! We have supreme confidence that you know what’s best! Universal healthcare for all! Go for it man!
The “pay-as-you-go” budget formula plan is significantly weaker than a proposal Obama issued with little fanfare last month.
It would carve out about $2.5 trillion worth of exemptions for Obama’s priorities over the next decade. His health care reform plan also would get a green light to run big deficits in its early years. But over a decade, Congress would have to come up with money to cover those early year deficits.
Ohhhh, ok. So Congress would simply have to “come up with money” over the next ten years to cover the costs. No problem! I mean, since this Congress is SO GOOD at not spending money and everything. I’m sure they’re going to be able to save up boatloads of cash!
Give me a break.