Posts Tagged ‘cost curve’

Key Documents

July 21, 2009

Raising the Cost Curve

A new chart highlights that the House Democrats’ Tri-Committee Bill “significantly expands” the growth of U.S. health care costs — challenging another claim from President Obama: “If any bill arrives from Congress that is not controlling costs, that’s not a bill I can support.”

 See the chart here.

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In the News

July 16, 2009

CBO Director: Health Reform Bills Would Weaken Economy

Congressional Budget Office Director Douglas Elmendorf today said the health reform measures being drafted in Congress would worsen the nation’s budget projections and drive the country more deeply into debt, according to The Washington Post

Elmendorf, responding to questions from the Senate Budget Committee, said bills do not propose “the sort of fundamental changes that would be necessary to reduce the trajectory of federal health spending by a significant amount.”

“On the contrary,” Elmendorf said, “the legislation significantly expands the federal responsibility for health-care costs,” the Post reports.  

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