China questions costs of U.S. healthcare reform

November 18th, 2009 by Halt Obama

James Pethokoukis – REUTERS

Guess what? It turns out the Chinese are kind of curious about how President Barack Obama’s healthcare reform plans would impact America’s huge fiscal deficit. Government officials are using his Asian trip as an opportunity to ask the White House questions. Detailed questions.

Boilerplate assurances that America won’t default on its debt or inflate the shortfall away are apparently not cutting it. Nor should they, when one owns nearly $2 trillion in assets denominated in the currency of a country about to double its national debt over the next decade.

Click here to read more.

Share

Tags: , , ,

Leave a Reply

You must be logged in to post a comment.