Obama: It's OK to borrow to pay for health care

Courtesy Newsvine - business  Tue, 06/09/2009 - 17:21

President Barack Obama on Tuesday proposed budget rules that would allow Congress to borrow tens of billions of dollars and put the nation deeper in debt to jump-start the administration's emerging health care overhaul.

The "pay-as-you-go" budget formula plan is significantly weaker than a proposal Obama issued with little fanfare last month.

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