Harry Reid is pretending the new health care bill will cut the deficit. He says it will cost $850 billion and reduce the deficit by $130 billion over 10 years--not really a great deal in my opinion. But even at that, most on Capitol Hill disagree with these numbers.

Obama himself admits healthcare reform will be deficit-neutral over the next decade.

In addition, there will be a host of new taxes for all kinds of things--hidden costs no one is counting.

The New York Post is warning that New York's top earners could face a 57% tax bracket, forcing many small business owners to lay off more employees.