Friday, March 19, 2010

Accounting Trick

Attempting to pay for their healthcare boondoggle, Democrats are proposing cutting $522 billion from Medicare, calling it a "savings" to make that popular but expensive program solvent, and then using the $522 billion to close the yawning budget gap for Obamacare. If an accountant in the private sector tried this trick, we'd put him in jail.

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