Tuesday, July 28, 2009

Would a graph of the deficits help?

Here, from Hot Air/Keith Hennesey are two charts that are worth way more than a thousand words:

"Despite Barack Obama’s promises, the cost-saving techniques in ObamaCare only offset about a quarter of all the new spending in the plan by 2019. The offsetting tax increase, Rangel’s surtax, will only generate $87 billion a year by that time, slightly more than half of the next spending increase — and note that revenues almost flatline while spending increases at a much higher rate..."

http://hotair.com/archives/2009/07/28/bend-it-like-barack-into-the-red/

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