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President Obama: Federal Government 'Will Go Bankrupt' if Health Care Costs Are Not Reigned In
ABC ^
| 12/16/2009
| Karen Travers
Posted on 12/16/2009 1:00:32 PM PST by fishhound
ABC's Karen Travers reports from Washington:
President Obama told ABC News’ Charles Gibson in an interview that if Congress does not pass health care legislation that will bring down costs, the federal government “will go bankrupt.”
The president laid out a dire scenario of what will happen if his health care reform effort fails. “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,” he said. “Potentially they're going to drop your coverage, because they just can't afford an increase of 25 percent, 30 percent in terms of the costs of providing health care to employees each and every year. “
(Excerpt) Read more at blogs.abcnews.com ...
TOPICS: Constitution/Conservatism; Government; News/Current Events
KEYWORDS: obama
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To: fishhound
Yep and unemployment will go way over 8% unless we pass the stimulus right now I tell you.
We’ve heard his lies before.
It’s called the shuck and jive, the bump and grind, but it still all lies.
21
posted on
12/16/2009 1:06:18 PM PST
by
Tarpon
( ...)
To: fishhound
The government IS ALREADY bankrupt, you flipping moron!! We owe $trillions which won’t be repaid.
To: massmike
Blame the GOP.
Unfortunatly for him, the polls don’t support his hubris.
(Nor do recent state elections).
To: fishhound
If I didnt know better I would suggest giving them what they want and watch what happens
If there was an ironclad rule that it could be repealed and all stupid democraps SHOT and then PISSED ON when they are proven to be a huge gigantic failure
24
posted on
12/16/2009 1:06:29 PM PST
by
Mr. K
(Deathly afraid my typos become a freeper catchphrase...I'm series!)
To: fishhound
25
posted on
12/16/2009 1:06:57 PM PST
by
bgill
(The framers of the US Constitution established an entire federal government in 18 pages.)
To: fishhound
I though republicans were the Fear Mongers.
Obama is using Fear Mongering 101.
To: fishhound
He wouldn’t be using SCARE TACTICS, now would he?
27
posted on
12/16/2009 1:07:33 PM PST
by
Reagan69
(The only thing SHOVEL-READY since BO's stimulus has been MICHAEL JACKSON (tammy bruce))
To: fishhound
Lets keep race out of the discussion - we don’t need to remind everyone he is running the country like Zimbabwe along with Fanny Mae and Freddy Mac and every city, etc, etc.
So, lets keep race out of the discussion.
28
posted on
12/16/2009 1:07:52 PM PST
by
edcoil
(If I had 1 cent for every dollar the government saved, Bill Gates and I would be friends.)
To: fishhound
It is a LIAR and the TRUTH is not in it.
29
posted on
12/16/2009 1:07:58 PM PST
by
ichabod1
( I am rolling over in my grave and I am not even dead yet.)
To: Brett66
The BO sounds desperate, I now have hope that the HealthScare scam is dying.
30
posted on
12/16/2009 1:08:01 PM PST
by
iopscusa
(El Vaquero. (SC Lowcountry Cowboy))
To: edge10
31
posted on
12/16/2009 1:08:33 PM PST
by
ichabod1
( I am rolling over in my grave and I am not even dead yet.)
To: fishhound
LYING, PATHETIC WORM. SHUT UP!
32
posted on
12/16/2009 1:08:46 PM PST
by
MrDem
(And this is a loyal lifelong Democrat saying this... Democrats for Cheney/Palin 2012)
To: fishhound
Hey, ABC! Go buy a dictionary.
The phrase is "reined in" meaning to pull on a horse's reins to stop it. It has nothing to do with reigning.
Proofreading is a dying art!
33
posted on
12/16/2009 1:08:57 PM PST
by
KarlInOhio
(Gore is the fifth horseman of the apocalypse. He rides an icy horse bringing cold wherever he goes.)
To: fishhound
There is only one emergency that matters, and that’s getting Obama and his democrats out of power.
34
posted on
12/16/2009 1:09:11 PM PST
by
Gator113
(Obama is America's First Failed Black Pres-dent.....)
To: petercooper; All
35
posted on
12/16/2009 1:09:15 PM PST
by
AuntB
(If Al Qaeda grew drugs & burned our forests instead of armed Mexican Cartels would anyone notice?)
To: LibLieSlayer
I was about to say - “will go”?
36
posted on
12/16/2009 1:09:25 PM PST
by
21twelve
(Drive Reality out with a pitchfork if you want , it always comes back.)
To: Buckeye McFrog
When someone from my district visited our “blue dog” (that’s retiring), his spokesman was 100% convinced that nationalized healthcare would be a deficit saver, ie, would cost LESS money.
37
posted on
12/16/2009 1:09:34 PM PST
by
MrB
(The difference between a humanist and a Satanist is that the latter knows who he's working for.)
To: comebacknewt
The entire country will go bankrupt if the Federal Government is not reigned in. BINGO!
To: fishhound
39
posted on
12/16/2009 1:10:33 PM PST
by
FormerACLUmember
(The urge to save humanity is almost always a false front for the urge to rule. - H. L. Menken.)
To: fishhound
Correction: The US will go bankrupt if the SEIU and AFSCME aren't
reined in. I guess editors don't ride horses these days. :)
"Reigning" is something Obama's people want to do over us.
40
posted on
12/16/2009 1:10:41 PM PST
by
Mr. Jeeves
("If you cannot pick it up and run with it, you don't really own it." -- Robert Heinlein)
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