The ObamaCare Crossroads

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This is an opinion item.

Author(s) The Wall Street Journal editorial board
Source The Wall Street Journal
Date March 20, 2010
URL http://online.wsj.com/article/SB10001424052748704207504575130321235660474.html
Quote
Quotes-start.png "Democrats deny this reality, but government rationing will become inevitable given that overall federal spending is already at 25% of GDP and heading north, and Medicare's unfunded liabilities are roughly two and a half times larger than the entire U.S. economy in 2008. The ObamaCare bill already contains one of the largest tax increases outside the Great Depression or the world wars, including a major new tax on investment income—and no one seriously believes it will be enough." Quotes-end.png


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This item argues against the position Act should be passed on the topic Patient Protection and Affordable Care Act.