Timothy P. Cahill, Treasurer of the State of Massachusetts (and now Independent Gubernatorial Candidate) has some not-so-swell things to say about Romneycare and some even not-so-sweller things to say about the potential of Obamacare:
The Massachusetts treasurer said Tuesday that Congress will “threaten to wipe out the American economy within four years” if it adopts a health-care overhaul modeled after the Bay State’s.
Treasurer Timothy P. Cahill – a former Democrat running as an independent for governor – said the local plan enacted in 2006 has succeeded only because of huge subsidies and favorable regulatory changes from the federal government.
“Who, exactly, is going to bail out the federal government if this plan goes national?” he asked…
…He also gave reporters a copy of a recent state ledger sheet, showing the state’s Medicaid program ballooning from $7.5 billion to a projected $9.2 billion since the plan was adopted. Meanwhile, of the 407,000 newly insured, only 32 percent paid for private insurance wholly by themselves.
The remainder have received partial or total taxpayer subsidies to buy the insurance coverage required by the plan.
Wow – this thing just keeps sounding better and better! I sure hope that our mini-tyrants in Congress keep trying to force it down our throats by any means necessary in order to honor FDR or whatever. Because after all, who needs doctors anyway when you can pass LANDMARK, HISTORIC LEGISLATION?