"If the stimulus plan is not really working, at least for now, why should Americans sign off on spending billions of dollars on healthcare reform?" was the non-sequitur that CBS' Couric posed to the President. "Who is to say you are reading the tea leaves accurately now?" "Meaning what?" came Obama's puzzled reply. Couric explained: "When you make these projections and estimates and cost savings, it is a pretty dicey proposition--don't you think?--to predict economics into the future." Obama remained calm: "If what you are saying is that economists are often wrong, you are absolutely right about that; but that cannot be a rationale for inaction."
The President laid down four tests for the healthcare legislation. "If I am not happy with the end product I will not sign a bill," he pledged. He demanded more competition between plans; guaranteed coverage for patients with pre-existing conditions; no increase in the federal deficit; and a reduction in long-term healthcare costs. Obama was slippery about that last point. At one point he demanded that the bill should "reduce costs;" at another he said he wanted to "bend the cost curve so that healthcare inflation is reduced." Couric did not ask him which he meant.
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