Massachusetts' Universal Health Care has been a Fiscal Train Wreck

"The universal insurance coverage we adopted in 2006 was projected to cost taxpayers $88 million a year. However, since this program was adopted in 2006, our health-care costs have in total exceeded $4 billion. The cost of Massachusetts' plan has blown a hole in the Commonwealth's budget. Just last Thursday, Gov. Deval Patrick's office announced a $294 million shortfall related to health-care costs.

If not for federal Medicaid reimbursements and commitments from Washington to prop up this plan, Massachusetts would be broke. The only reason MassCare has survived is that we have been repeatedly bailed out by the federal government. But that raises the question: Who will bail America out if we implement a similar program?"

http://online.wsj.com/article/SB10001424052748704094104575144372942933394.html

White House announces televised health meet

Now Obama will finally meet with Republicans to discuss their ideas -- the same ideas that Obama pretended didn't exist for the past year. Now Obama will finally conduct healthcare negotiations on TV. Only after being repudiated by Massachusetts will Obama and the Democrats pretend to care about Republican ideas.

http://www.politico.com/news/stories/0210/32646.html