Tuesday, March 23, 2010

The Democrats' Health Care Bill Passes

U.S. Vice President Joe Biden and President Barack Obama

U.S. President Barack Obama's health care bill has passed. He is scheduled to sign it into law on Tuesday, March 23, 2010. However, Republicans are vowing to repeal it and 37 U.S. states have stated they intend to sue, under the Constitution, to strike it down in their respective jurisdictions. Oh, what a mess this bill has become!

The Judiciary Report has maintained for months, America does need a comprehensive health care plan. However, the site questioned the timing and the content of the bill, due to the financial crisis currently gripping America.

Video: TX plans to sue over health care - KXAN.com

The Judiciary Report would like to offer some constructive advice. From the moment the President took office in January 2009, the site has stated he needs to raise taxes on the rich, to pay for much of what he announced he wishes to do, during his tenure.

Had that tax increase kicked in months ago, billions of dollars could have been collected and placed into an interest bearing trust, to cover some of the nation's debts.

USA: Healthcare reform bill passed

Now, with the passage of the President's health care bill, $944 billion dollars is required to fund it. This is in addition to the billions in taxpayer money that have been wasted, under the guise of job creation and massive bank bailouts, where numerous individuals misappropriated and stole money.

You are going to have to rein in all of that unruly spending, as it is going to spell even worse news for the U.S. economy if you do not get it under control. Way too much money is flying out and no where near enough is coming in. That has to change or the nation shall face dire financial repercussions.

America has many millionaires and billionaires. It's time for the taxman to come knocking, especially in light of the fact, many of said millionaires and billionaires got America into trouble, by starting the current financial crisis, they richly benefited from, while middle class and lower income families suffered.

In closing, the jobs bill must be executed correctly this time. Don't just chuck the money into the corporate sector, believing it will stimulate the economy wherever it lands. Some of the taxpayer money from the first stimulus, was stolen and ended up hidden in off shore accounts stimulating economies other than the one you intended. The American economy can't take anymore of these costly mistakes.