QotD: We'll take option three

Estimates of the cost of Obama care start at $1.2 trillion over the next decade. The administration believes it can cover about half that amount through tax increases on the rich and greater efficiencies in Medicare and Medicaid. But it's hard to find anyone else who shares that touching faith. When I asked Robert Bixby, head of The Concord Coalition, a bipartisan fiscal watchdog group, he said, "I don't see any plausible way of getting the savings they need to add the expanded coverage in a deficit-neutral way."

There are only three ways to pay for this expansion of health insurance coverage: increased taxes, reduced benefits, or shiny gold ingots falling out of the sky. Voters emphatically prefer the latter option, so that is the one most likely to be embraced by Congress and the administration.

Steve Chapman, "Indulging Our Health Care Fantasies: The problem with Obama's health care plan", Reason Online, 2009-06-15