So, Megan McArdle has discovered how the financing of the Obama health care plan is going to work. There will be paltry savings generated from the elimination of important programs, plus the squeezing of blood from a turnip. After that, taxes.
A responsible press corps would be all over these facts, and would be beating the Administration over the head with them. A besotted press corps, by contrast, just does what the current press corps is doing.