Tuesday, October 13, 2009

Despite New Deficit-Cutting Claim, Baucus Bill Is Just Tax-and-Spend



The Senate Finance Committee's version of health care reform is being hailed as a model of bipartisan moderation. One Republican may even vote for it.

And it's undeniably an improvement over the bill approved early by the Senate Health, Education, Labor, and Pensions Committee, or the one making its way ever so slowly through the House.

But that's a low bar. In reality, the Finance Committee bill still represents a radical government takeover of the U.S. health care system. http://www.cato.org/pub_display.php?pub_id=10622

Again, Washington needs to look at all aspects of how funding will go into any reform of the nation’s health care system. The report release last week by the Congressional Budget Office on the Baucus Bill was only a preliminary assessment of the cost, but the final analysis would have to look at the final bill before it became law to know the true cost of health care reform. Washington had better be careful and make sure it’s projections are accurate as not adding to the federal debt. Unfortunately, Washington has never been accurate before so why should we expect them to hit the mark this time.


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