President Barack Obama has unveiled his idea of a "compromise" health bill, but what it does, according to the Wall Street Journal, is combine the worst of the bills that were past separately by the House and Senate.
People earning up to 400% of the poverty
line--or about $96,000 for a family of four in 2016--will qualify for
government help, and, naturally, this new entitlement is designed to
expand over time.
A family of four earning about $96,000 in line for a government subsidy? Why not make the cut-off 500 percent of the poverty line? Or 1000 percent? After all, if the administration is out to buy votes, why don't they just buy everyone's and be done with it?