Deficit Obama Tells Charlie Gibson: "If We Don't Pass Health Care Reform, The Federal Government Will Go Bankrupt"

Dec 17, 2009 at 3:10 PM
DailyBail in Federal Bankruptcy, deficit, federal debt, federal deficit, health care reform, healthcare reform, obama, obama

ABC Video: Deficit Obama with Charlie Gibson -- Aired December 16, 2009

Oh, so now he cares about the national debt.  When he was busy last week extending TARP and re-directing funds to another failed stimulus, it wasn't on his mind.  He's reaching for straws to save health care reform from implosion; it won't work.  His word is burnt toast on matters of spending.  A $1.5 trillion first year deficit tends to be a credibility killer.

• "If we don't pass it, here's the guarantee:  Your premiums will go up, your employers are going to load up more costs on you.   If we don't do this, nobody argues with the fact that health care costs are going to consume the entire federal budget and the federal government will go bankrupt."

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