Good review of the Obama speech from the Power Line blog. I especially thought this was a good question, quoting Obama:
>> The only thing this plan would eliminate is the hundreds of >> billions of dollars in waste and fraud...Reducing the waste and >> inefficiency in Medicare and Medicaid will pay for most of this plan.
> But wait! If we can identify hundreds of billions of dollars in > waste and fraud in Medicare and Medicaid and we know how to > eliminate it, why haven't we done so already? Why don't we do so
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