Obama to spend another $3.5 TRILLION?

We are already at the largest national debt in US history at $11 trillion, how about another $3.5 TRILLION (with a T) to be spent by the Hussein Obama dictatorship? First this AP Story which explains $1.5 trillion over the next decade for Hussein Obama’s socialized health care plan:

Your lungs may work just fine, but the estimated price for universal health care could take your breath away.

Health policy experts say guaranteeing coverage for all Americans may cost about $1.5 trillion over the next decade. That would be more than double the $634 billion ‘down payment’ President Barack Obama set aside for health reform in his budget.

About 48 million people are uninsured, and the problem is only expected to get worse because the cost of coverage keeps rising.

Still, administration officials have pointedly avoided providing a ballpark estimate for Obama’s fix, saying it depends on details to be worked out with Congress.

“It’s impossible to put a price tag on the plan before even the basics have been finalized,” said White House spokesman Reid Cherlin. “Here’s what we do know: The reserve fund in the president’s budget is fully paid for and provides a substantial down payment on the cost of the reforming our health care system.”

Ok.. Now how about the next $2 trillion? According to the Washington Times, Hussein Obama’s climate plan could cost industry close to $2 trillion. Yes folks. $2 TRILLION for climate change:

President Obama’s climate plan could cost industry close to $2 trillion, nearly three times the White House’s initial estimate of the so-called “cap-and-trade” legislation, according to Senate staffers who were briefed by the White House.

A top economic aide to Mr. Obama told a group of Senate staffers last month that the president’s climate-change plan would surely raise more than the $646 billion over eight years the White House had estimated publicly, according to multiple a number of staffers who attended the briefing Feb. 26.

“We all looked at each other like, ‘Wow, that’s a big number,’” said a top Republican staffer who attended the meeting along with between 50 and 60 other Democratic and Republican congressional aides.

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March 18, 2009 · Filed Under Barack HUSSEIN Obama

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