Friday, April 2, 2010

VAT: Fuel For The Full-Entitlement State

"ObamaCare, when stripped of its budgetary gimmicks — the unfunded $200-billion-plus doctor fix, the double counting of Medicare cuts, the 10-6 sleight-of-hand (counting 10 years of revenue and only 6 years of outflows) — is at minimum a $2 trillion new entitlement."

From Investor's Business Daily

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