According to the New York Times, Bill Nelson (D-FL) wants to stop ObamaCare from gutting Medicare. Of course, this is a bad thing. The only good thing of ObamaCare — and one that its more sophisticated fans often point out — is that it guts Medicare. Sure it might grant coverage to illegal aliens and tax young families in order to subsidize the old and sick, but as Obama’s supporters have insisted over and over, reform is needed to prevent us from subsidizing morbidity into extreme old age.
Bill Nelson’s amendment, supported for tactical reasons by some Republicans, would prevent any cost savings, and simply speed up the transfer of American political and economic authority from Washington to Beijing.