Lets keep politics out of it and just use the numbers and not wishful thinking or moral issues of what should be right. This is Reality:
Medical costs currently account for about 16% of our total GDP of $17 trillion dollars. For persective if we spent $1 every second it would take 36,000 years to spend $1T, or stacked in dollar bills the stack would reach to the moon and back. The health care act will cost $1.2T over 10 years by the CBO and that's conservative.
Our 2012 budget is $3.8T and the health care act will add at least $.1
T to this starting in 2014.
Our total revenues are $2.5T and we have a deficit of $1.3T which is added every year to our $16T debt.
Entitlements, SS, Medicare and Medicade, pensions and debt (mandatory spending) is $2.5T; exactly equal to revenues These are also governed by automatic increases.
All other government programs, defense, welfare, infrastructure ect are 1.3T of which the entire cost is borrowed.
Income tax is currently $1.2T in revenue.
You are the math prof so please solve the following problem.
What will our debt be in 2020?
At 4% interest when will our debt exceed our individual income tax revenues? At 6%?
At what debt level will people stop lending us money? 120% of GDP; 150% of GDP? (Greece and Spain are at about 90%).
It's not a problem of what we want or what we should do or for that matter what is right? It is simply that we have run out of our ability to pay for everything that we currently have and will soon run out of the capability of borrowing. The numbers are unstainable and just to get to a balanced position income taxes would have to rise about 130% or all spending outside of entitlements cut to zero. Neither of these will happen. Growing out of it is also unreasonable as no country with a 100% debt to GDP has ever grown more than 2%.
I don't have an answer, but adding more spending on medical or any other programs is only making the problem worse.
Here's my one political statement.
"We are on the Titanic and one side is adding more people to the boat while the other side is arguing about the fares each passanger is having to pay".