Sen. Graham on Healthcare Bill: Giant Ponzi Scheme, Enron-Style Accounting
“This bill personifies the worst of Washington,” Graham said Sunday.
Referring to one of the biggest accounting scandals in recent memory, Graham said the bill was characterized by “Enron accounting techniques.”
Graham quoted fellow Senator Kent Conrad, D-North Dakoka, who had described the new long-term care program “a Ponzi scheme of the first order,” a program “that Bernie Madoff would have been proud of.” Graham added, “So any Democratic senator who votes for this bill is a co-conspirator to one of the biggest Ponzi schemes in the history of Washington.”
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