Thursday, January 06, 2011

Obama threatens to veto healthcare repeal

The Hill reports:
President Obama officially drew a line in the sand Thursday evening, threatening to veto House Republicans' attempt to repeal Obama's landmark healthcare law.

In a statement of administration policy released by the Office of Management and Budget (OMB), the administration said that repeal would "would explode the deficit, raise costs for the American people and businesses, deny an estimated 32 million people health insurance, and take us back to the days when insurers could deny, limit or drop coverage for any American."

You have to wonder how repealing a government program can explode the deficit.