Spending and Health Insurance

"What would you think of a person who earned $24,000 a year but spent $35,000? Suppose on top of that, he was already $170,000 in debt. You'd tell him to get his act together — stop spending so much or he'd destroy his family, impoverish his kids and wreck their future. Of course, no individual could live so irresponsibly for long.

But tack on eight more zeroes to that budget and you have the checkbook for our out-of-control, big-spending federal government. "

Read the rest at http://www.creators.com/opinion/john-stossel/broke-u-s-resumes-spending.html

Sometimes someone else just says it much better.

A note on "Obamacare" (aka the Affordable Care Act): I just learned that my share of Faye's insurance (subsidized by ATT) will be doubled starting in January of 2014. I will also be paying more for my medicare Part B.

So much for the savings that were promised.

At least my coverage wasn't canceled.