With health bill, Obama has sown the seeds of a budget crisis

This is another read the whole thing. If this truly precipitates a budget crisis the implications are staggering, just look at Greece.

Robert J. Samuelson - With health bill, Obama has sown the seeds of a budget crisis - washingtonpost.com: "So Obama is flirting with a future budget crisis. Moody's emphasizes two warning signs: rising debt and loss of confidence that government will deal with it. Obama fulfills both. The parallels with the recent financial crisis are striking. Bankers and rating agencies engaged in wishful thinking to rationalize self-interest. Obama does the same. No one can tell when or whether a crisis will come. There is no magic tipping point. But Obama is raising the chances."