Former Congressional Budget Office Director Douglas Holtz-Eakin explains just how contrived the accounting is in the new health care law. Holtz-Eakin explains what the cost will be over the first 10 years of the program actually being in effect. He also explains how Congress is raiding money from Social Security and Medicare to help cover this new entitlement – and how money is being stolen from a another program just created by the same bill! So how much debt will we see? How will Congress try to cover the massive shortfall? And how much will premiums go up on top of everything else?
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