Obama

I wonder what this bailout, assuming it goes through and the total costs end up being at least as high as the current $700 billion, will do for the incoming administration. One can only hope that the government responds to this increased deficit by pushing off some spending programs instead of simply printing money or raising taxes. Either way, I suspect Obama's plans for healthcare will be severely curtailed by the ever-widening budget deficit. Unless those higher marginal taxes on the top .1% are going to be enough.