A few hours ago Congress passed the Health Care Reform Bill by a vote of 219 to 212. I don’t know how people do their math, but I’m finding it hard to believe that paying for 32 million uninsured people which will cost almost $1 trillion will help reduce our federal deficit. Hhmm… I heard most of the arguments for this bill this past weekend with the best one being that this will encourage more entrepreneurs to start businesses because they don’t have to worry about getting themselves health insurance. In principle, I believe everyone supports people getting access to health care, regulating insurance companies (i.e. denying people with pre-existing conditions, redefining what pre-existing means, and removing coverage caps), etc. But, I’m not sure that increasing taxes during these economic times and putting more burden on small businesses is the right solution (there might be some tax credits, but I know there are many SMEs that can’t afford health care for all their employees). And, it’s very disturbing when many of these experts on the news (and politicians) don’t even know the details of the bill and can say with a straight face that this will not put more burden on the public and the economy. We’ll see what happens with the upcoming Senate vote and in the November elections.