July 16, 2009
FIRST, DO NO HARM:
CBO Chief: Health Bills To Increase Federal Costs (David Clarke and Edward Epstein, 7/16/09, CQ)
The health care overhauls released to date would increase, not reduce, the burgeoning long-term health costs facing the government, Congressional Budget Office Director Douglas Elmendorf said Thursday. [...]The Democrats and President Obama have cited two goals in their overhaul proposals β expanding coverage to the estimated 47 million Americans who currently lack it and bringing down long-term costs because the growth in Medicare and Medicaid spending threatens to swamp the federal budget in coming years.
Under questioning from Chairman Kent Conrad , D-N.D., Elmendorf told the Senate Budget Committee that the congressional proposals released so far do not meet that second test.
βIn the legislation that has been reported, we do not see the sort of fundamental changes that would be necessary to reduce the trajectory of federal health spending by a significant amount and, on the contrary, the legislation significantly expands the federal responsibility for health care costs,β he said.
The Democrats, making a bad system worse. Posted by Orrin Judd at July 16, 2009 12:02 PM
