Comments on: Director Orszag’s 10th year test and the health spending gap http://keithhennessey.com/2009/06/22/orszags-health-spending-gap/ Your guide to American economic policy Sun, 14 Mar 2010 16:17:34 -0400 http://wordpress.org/?v=abc hourly 1 By: Many mixed signals | KeithHennessey.com http://keithhennessey.com/2009/06/22/orszags-health-spending-gap/comment-page-1/#comment-2987 Many mixed signals | KeithHennessey.com Thu, 09 Jul 2009 23:49:48 +0000 http://keithhennessey.com/2009/06/22/director-orszags-10th-year-test-and-the-health-spending-gap/#comment-2987 [...] public and private health care spending.  CBO says the legislation being developed in Congress would significantly increase government health care spending, and that the long-term changes don’t produce scorable savings.  Director Orszag claims this [...]
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]]> By: How Will We Pay for the Health Care Plan? (Part III) http://keithhennessey.com/2009/06/22/orszags-health-spending-gap/comment-page-1/#comment-2252 How Will We Pay for the Health Care Plan? (Part III) Mon, 29 Jun 2009 17:29:50 +0000 http://keithhennessey.com/2009/06/22/director-orszags-10th-year-test-and-the-health-spending-gap/#comment-2252 [...] at the eponymous KeithHennessey.com, Keith Hennessey points out something I missed. In a Financial Times piece on June 22, OMB Director Peter Orszag suggested that paying for health [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('2252','How Will We Pay for the Health Care Plan? (Part III)'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('2252','How Will We Pay for the Health Care Plan? (Part III)','[...] at the eponymous KeithHennessey.com, Keith Hennessey points out something I missed. In a Financial Times piece on June 22, OMB Director Peter Orszag suggested that paying for health [...]'); return false;">Quote</a></div> [...] at the eponymous KeithHennessey.com, Keith Hennessey points out something I missed. In a Financial Times piece on June 22, OMB Director Peter Orszag suggested that paying for health [...]
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]]> By: Paying for Health Reform III « Donald Marron http://keithhennessey.com/2009/06/22/orszags-health-spending-gap/comment-page-1/#comment-2247 Paying for Health Reform III « Donald Marron Mon, 29 Jun 2009 16:02:30 +0000 http://keithhennessey.com/2009/06/22/director-orszags-10th-year-test-and-the-health-spending-gap/#comment-2247 [...] at the eponymous KeithHennessey.com, Keith Hennessey points out something I missed. In a Financial Times piece on June 22, OMB Director Peter Orszag suggested that paying for health [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('2247','Paying for Health Reform III « Donald Marron'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('2247','Paying for Health Reform III « Donald Marron','[...] at the eponymous KeithHennessey.com, Keith Hennessey points out something I missed. In a Financial Times piece on June 22, OMB Director Peter Orszag suggested that paying for health [...]'); return false;">Quote</a></div> [...] at the eponymous KeithHennessey.com, Keith Hennessey points out something I missed. In a Financial Times piece on June 22, OMB Director Peter Orszag suggested that paying for health [...]
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]]> By: Return of the Republican Reading List « Unterekless Thoughts http://keithhennessey.com/2009/06/22/orszags-health-spending-gap/comment-page-1/#comment-2113 Return of the Republican Reading List « Unterekless Thoughts Sat, 27 Jun 2009 15:43:45 +0000 http://keithhennessey.com/2009/06/22/director-orszags-10th-year-test-and-the-health-spending-gap/#comment-2113 [...] Hennessey asserts that combining Kennedy-Dodd with all of the President’s proposed health care savings would make America’s entitlement spending problem far [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('2113','Return of the Republican Reading List « Unterekless Thoughts'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('2113','Return of the Republican Reading List « Unterekless Thoughts','[...] Hennessey asserts that combining Kennedy-Dodd with all of the President’s proposed health care savings would make America’s entitlement spending problem far [...]'); return false;">Quote</a></div> [...] Hennessey asserts that combining Kennedy-Dodd with all of the President’s proposed health care savings would make America’s entitlement spending problem far [...]
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]]> By: The President’s press conference: health | KeithHennessey.com http://keithhennessey.com/2009/06/22/orszags-health-spending-gap/comment-page-1/#comment-1858 The President’s press conference: health | KeithHennessey.com Wed, 24 Jun 2009 14:55:12 +0000 http://keithhennessey.com/2009/06/22/director-orszags-10th-year-test-and-the-health-spending-gap/#comment-1858 [...] the Kennedy-Dodd draft would increase federal health entitlement spending by 11%.  The savings being proposed are far exceeded by the new entitlement [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('1858','The President’s press conference: health | KeithHennessey.com'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('1858','The President’s press conference: health | KeithHennessey.com','[...] the Kennedy-Dodd draft would increase federal health entitlement spending by 11%.  The savings being proposed are far exceeded by the new entitlement [...]'); return false;">Quote</a></div> [...] the Kennedy-Dodd draft would increase federal health entitlement spending by 11%.  The savings being proposed are far exceeded by the new entitlement [...]
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]]> By: Jerry Krawitz http://keithhennessey.com/2009/06/22/orszags-health-spending-gap/comment-page-1/#comment-1815 Jerry Krawitz Wed, 24 Jun 2009 04:21:33 +0000 http://keithhennessey.com/2009/06/22/director-orszags-10th-year-test-and-the-health-spending-gap/#comment-1815 Keith, It is a pleasure to see your site. Your mom and dad and I were together this morning and I have enjoyed following your career which happens to parallel that if my cousin Peter Orszag. Although both of you follow different paths, it is necesary and truly a pleasure to read your postings..<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('1815','Jerry Krawitz'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('1815','Jerry Krawitz','Keith, It is a pleasure to see your site. Your mom and dad and I were together this morning and I have enjoyed following your career which happens to parallel that if my cousin Peter Orszag. Although both of you follow different paths, it is necesary and truly a pleasure to read your postings..'); return false;">Quote</a></div> Keith, It is a pleasure to see your site. Your mom and dad and I were together this morning and I have enjoyed following your career which happens to parallel that if my cousin Peter Orszag. Although both of you follow different paths, it is necesary and truly a pleasure to read your postings..
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]]> By: Bob Belvedere http://keithhennessey.com/2009/06/22/orszags-health-spending-gap/comment-page-1/#comment-1801 Bob Belvedere Wed, 24 Jun 2009 00:40:41 +0000 http://keithhennessey.com/2009/06/22/director-orszags-10th-year-test-and-the-health-spending-gap/#comment-1801 Linked to in the JUST THE FACTS, MAM Section at: http://www.thecampofthesaints.com/wwuam.html<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('1801','Bob Belvedere'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('1801','Bob Belvedere','Linked to in the JUST THE FACTS, MAM Section at: http:\/\/www.thecampofthesaints.com\/wwuam.html'); return false;">Quote</a></div> Linked to in the JUST THE FACTS, MAM Section at: http://www.thecampofthesaints.com/wwuam.html
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]]> By: Pix http://keithhennessey.com/2009/06/22/orszags-health-spending-gap/comment-page-1/#comment-1788 Pix Tue, 23 Jun 2009 19:32:25 +0000 http://keithhennessey.com/2009/06/22/director-orszags-10th-year-test-and-the-health-spending-gap/#comment-1788 Keith, Great analysis and presentation. Any plans on doing a similar blog on the “The Patients’ Choice Act of 2009”? Obviously there is little to no chance of it passing (and that’s probably generous), but I would enjoy hearing your thoughts on it. I must say it does peak my interest at the very least.

On another note, when did it just become accepted practice to claim something is a “deficit reduction” or “deficit neurtral” simply because it doesn’t add to it quite as quickly as the pace the CBO predicts? This just seems so flawed to me. In my mind, “deficit neutral” now means we are going to run out of money in 20 or so years. Deficit Neutral does nothing to “bend the curve” as we’ve heard the President speak so much about. Something drastic needs to be done and deficit neutral is nowhere near going to cut it.

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]]> By: leishman http://keithhennessey.com/2009/06/22/orszags-health-spending-gap/comment-page-1/#comment-1785 leishman Tue, 23 Jun 2009 18:43:55 +0000 http://keithhennessey.com/2009/06/22/director-orszags-10th-year-test-and-the-health-spending-gap/#comment-1785 Keith, thanks for such detailed number-crunching for those of us whose eyes would otherwise glaze over. That said, the virtually unlimited demand for medical services must ultimately collide with the affordability and availability barriers. When that event happens, we will have to address who gets what services and who doesn't, and it won't be pretty. [I'm reminded of the thanatorium in Soylent Green.] Getting the deck chairs in an ideal arrangement is a nice pasttime but the iceberg still awaits ahead.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('1785','leishman'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('1785','leishman','Keith, thanks for such detailed number-crunching for those of us whose eyes would otherwise glaze over. That said, the virtually unlimited demand for medical services must ultimately collide with the affordability and availability barriers. When that event happens, we will have to address who gets what services and who doesn\'t, and it won\'t be pretty. [I\'m reminded of the thanatorium in Soylent Green.] Getting the deck chairs in an ideal arrangement is a nice pasttime but the iceberg still awaits ahead.'); return false;">Quote</a></div> Keith, thanks for such detailed number-crunching for those of us whose eyes would otherwise glaze over. That said, the virtually unlimited demand for medical services must ultimately collide with the affordability and availability barriers. When that event happens, we will have to address who gets what services and who doesn’t, and it won’t be pretty. [I'm reminded of the thanatorium in Soylent Green.] Getting the deck chairs in an ideal arrangement is a nice pasttime but the iceberg still awaits ahead.
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]]> By: Dean M http://keithhennessey.com/2009/06/22/orszags-health-spending-gap/comment-page-1/#comment-1783 Dean M Tue, 23 Jun 2009 18:27:29 +0000 http://keithhennessey.com/2009/06/22/director-orszags-10th-year-test-and-the-health-spending-gap/#comment-1783 My question is: Will all Federal, state, municipal employees, including the President, his cabinet and Members of Congress be required to join the new health care plan if passed?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('1783','Dean M'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('1783','Dean M','My question is: Will all Federal, state, municipal employees, including the President, his cabinet and Members of Congress be required to join the new health care plan if passed?'); return false;">Quote</a></div> My question is: Will all Federal, state, municipal employees, including the President, his cabinet and Members of Congress be required to join the new health care plan if passed?
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