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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (557199)3/27/2010 2:26:43 PM
From: tejek  Read Replies (1) of 1571619
 
The main reason that Obama's plan phases in slowly boils down to cost. The Medicare cuts and tax increases to finance the bill start early; the subsidies to help people purchase coverage come later. That combination keeps the cost of the overhaul under $1 trillion in its first decade, as Obama promised. Republicans call it an accounting gimmick — but in past years they also resorted to it.

That doesn't mean it will cost more than a trillion. In fact, it makes good sense to do it this way. You get your tax revenues up and running first before fully implementing the program. That way you won't have to pull revenues from other revenue sources which, in turn, would reduce funding for other programs like Defense.
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