Obama does not address concerns about health care bill
There is more, but this is a pretty good summary of the main objections to the plan. Obama's stubborn refusal to listen to the people objections to this plan will only increase voter anger.President Barack Obama is taking a no retreat approach to health care reform, offering a revised plan in advance of Thursday's bipartisan summit that fails to address the two main concerns of Republicans and a majority of Americans: the high cost and the broad expansion of government powers.
The White House is calling this a "jumping off point" for forging a compromise when Democrats and Republicans sit down before television cameras at the health care summit.
But in reality, it's a recasting of the existing Democratic health care plan at an even higher cost. If the president's intent is to staple onto it a couple of Republican ideas and call it a bipartisan bill, then he is betraying the spirit of the summit and, in all likelihood, will end up with a package that can't pass Congress.
The most objectionable element of the modified Obama proposal is that it increases the cost, to $950 billion over 10 years from $871 billion, in utter defiance of public concern about runaway government spending. It promises to raise the money from the same sources -- cuts in Medicare, which would jeopardize the viability of that already shaky program -- and confiscatory taxes on high income earners and the medical industry, which would stall economic growth and kill jobs.
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