Reaganomics unavailable for comment…
Via Newsbusters:
CHARLES KRAUTHAMMER: The biggest element in debt is healthcare expenditures, Medicare and Medicaid, that’s where the money is, even more than Social Security. And the problem with ObamaCare is it freezes in place these huge expenditures. It does not cut costs. There’s going to be an additional half a trillion in taxes devoted to the ObamaCare plan. And, it, it, it siphoned off whatever cuts you’re going to have in Medicare, half a trillion, for the new entitlements. So there is nothing available to reduce the debt. That’s the real problem of ObamaCare.
GORDON PETERSON, HOST: Ten seconds.
MARK SHIELDS: Well, the Healthcare Reform Act, I guess it’s what Charles wants to somehow denigrate and personalize as “ObamaCare,” that, that’s become sort of a partisan attack slogan. Let’s, let’s call it what it is.
PETERSON: Alright.
