My predictions:
1. The Democrats will ram the tax increase through.
2. The tax revenues will go into the general fund and get spent on other items.
3. The Democrats will whine about underfunding as an excuse to increase taxes again.
4. Nobody gets health care. Everybody gets stuck with debt and higher taxes. [Well, except for the Congress critters and their families.]
Just...like...Social Security. And Medicare. And every other failed government program.
I agree with your logic but politically many dems are terrified to tax us more because of 2010 election ala 93-94. That is what is making it fun to watch. Watch Ed Schulz on MSNBC from Air America 6 pm EST rant and rave about weak kneed democrats on this issue.
We know taxes will go up in 2011 automatically. Health reform? I bet anyone $1 that Obama will not get his ‘cover everyone bill’. He may get something less and call it a down payment.