As you may remember, in early June I talked about a presidential competition on a website that I frequent. Well, we moved on a few rounds, and most of the information was not exactly relevant to anything else. I mean, we had cabinet appointments and the like, all of people that are regulars in the forum. However, today’s competition was finding a way to balance the budget and include universal health care. Needless to say, I won this section (it helps that I was the only one to actually try), and my entry is located after the break…

Barga Balances the Budget AND pays for health care!!!

Currently, Americans pay an estimated 2.7 trillion dollars on private health care (http://blog.thehill.com/2009/06/18/healthcare-for-all-americans-sen-bernard-sanders/). This does not include the 610 billion that are spent on medicare and medicare by the federal government. Nowhere else in the world is this sort of money spent, and nowhere else is this quality of care received. So, it comes to me, as President of this country, to decide exactly how we can save money for Americans, and how we can keep the same quality of care that we have come to expect.

For starters, we should look at some figures:
- 2009 Budget, 3.1 Trillion Dollars
- 2009 Income, 2.7 Trillion (interesting to note the similarity in figures)
- 2009 Deficit, 611 Billion
-Roughly 9,000$ are spent per person on health care

Now, I know that it is hard to raise taxes in this economy, but I am planning merely on offsetting. I believe that if we raise taxes by 12% across the board, we will be able to pay for the quality of healthcare that we expect. In fact, a 12% raise will result in an average of 9000$ per person in this country, which is what they are already paying for in terms of health care. Basically, I am moving health care from being private, to being public, by merely changing where the money is going.

Of course, if you want ‘better’ healthcare, then you can chose your own doctor and hospital. You are still required to pay the tax increase, as your money will instead go to helping pay off our current debt.

Now, we are still left with the deficit of 611 billion dollars to deal with. To me, this is the easiest part:
We know that all Americans will be getting healthcare, so why will we still need medicare and Medicaid? In fact, Medicare costs about 610 billion dollars a year. We can now eliminate that cost, and use it to instead pay for the deficit

While this budget does not eliminate our overall debt, and thus leaves us with fees of 216 billion a year going towards interest. I expect the private healthcare taxes to help pay off our overall debt, and slowly lower these fees. I also expect the cost of healthcare to decrease overall, which should help us.
Basically, the entire plan rearranges who gets paid, but keeps everything the same.

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