Reagan Redux Could Pay for Health Care
Sunday 28 March 2010
by: Gerald E. Scorse, t r u t h o u t | Op-Ed
"A fiscal Frankenstein"; so said Rep. Paul Ryan (R-Wisconsin) about the health care bill just passed by the Congress. Soulmate Republicans echoed his warning, predicting budgetary doom.
But GOP legislators who cry fiscal wolf are twice trapped. For eight years, they aided and abetted as President Bush turned a budget surplus into a $1.2 trillion deficit. Even more, an inconvenient truth has inconveniently surfaced: a tax policy passed by right-wing icon Ronald Reagan could pay for Barack Obama's health care reform.
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