Chairman Zero promises that his spending spree is only temporary, and that his administration will make it up by reining in entitlement spending.
<i>(Treasury Secretary Tim) Geithner countered that the administration intends to confront rising health care costs with broad reforms that will significantly reduce Medicare spending.</i>
This from the administration that just significantly increased Medicare/Medicais spending by expanding S-CHIP to make upper middle class families eligible.
This from the administration the promised zero earmarks, and just signed a pork bill with 9,000 of them.
This from the administration that promises “fiscal responsibility” while planning to double the national debt.
Is there a way to “reform” Medicaid and make it cost less without cutting benefits? Would the AARP stand for that? Not likely.
(Hat tip: Gateway Pundit)