Monday, March 22, 2010

Budget Nonsense

Well, the so-called health care reform bill passed last night and America is on watch to reap the benefits promised. One such consequence is a promised reduction in the federal budget of $138 billion over the first 10 years. This will occur by raising taxes on such things as medical devices under a plan in which the taxes go on for 10 years while the "benefits" are only in play for 4 years. If you believe this, keep in mind this reduction in the federal budget over 10 years is smaller than the deficit the Obama administration inflicted on us last month----$220 billion. So, it will never happen and would not matter if it did.

Personal Unsecured Loan