Quantum Windbag
Gold Member
- May 9, 2010
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Gee, if only someone had pointed this out before Obamacare passed.
Wait, we did.
Health Care Spending Will Gobble the Federal Budget, Warns CBO - Hit & Run : Reason.com
Wait, we did.
In a brief, slideshow analysis of federal health care policy, the Congressional Budget Office warns that "federal spending for health care programs is growing much faster than other federal spending and the economy as a whole." That's partially because of the Affordable Care Act, though the CBO points out that, even after Obamacare is fully implemented, Medicare will continue to have the largest appetite for federal dollars intended to support health care (intentions and results aren't the same thing, of course.) The CBO contemplates a few cost-cutting tactics, few of which are likely to win fans, and some of which might simply torpedo the provision of health care.
Health Care Spending Will Gobble the Federal Budget, Warns CBO - Hit & Run : Reason.com