It seems that the Senate has passed the Health Care bill. I am not sure what this will hold. I have read some articles and none of them are good. From what I can tell, it looks like higher taxes, more government control, higher deficits(which) aren’t good.
Our government is borrowing money and spending it on entitlements. China, Brazil are borrowing money and spending it on infrastructure. Which is the best way to borrow money. Our government is borrowing money in the worst ways for the worst things(entitlements). We can’t continue this path. The Senate raised the debt limit again today that will last two months, then they will have to raise it again. All in all, this is not good.
My plan for 2010 is to get out of personal debt. I will lead my family to continue the Dave Ramsey plan(Baby Steps) to be out of debt by 2013. I encourage you to do the same.
Time will tell on the health care issue.
Merry Christmas!
Todd
