Thursday, March 4, 2010

In the private sector, you go to jail for accounting fraud....

The WSJ on the incredible accounting fraud involved with the proposed healthcare bill.

Mr. Obama's fiscal assertions are possible only because of the fraudulent accounting and budget gimmicks that Democrats spent months calibrating. Readers can find the gory details in Mr. Ryan's pre-emptive rebuttal nearby, though one of the most egregious deceptions is that the bill counts 10 years of taxes but only six years of spending.

Paul Ryan's point-by-point evisceration of this madness, from last week's healthcare summit:

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