The House bill would take Medicare savings need for Medicare solvency and spend them on a new entitlement.
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Tag Archives: budget director
Demographics is a bigger problem than health care costs
23 June 2009 
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The rapid growth of per capita health spending in the U.S. is a critical policy problem that needs to be addressed. It is not, however, the primary driver of our federal budget problems over the next 30-40 years. The aging of the population is. Policy changes need to address both pressures to prevent an eventual fiscal meltdown. We must not ignore demographics.
Read more Director Orszag’s 10th year test and the health spending gap
22 June 2009 16 Comments
The President and his Budget Director Peter Orszag argue they are being fiscally responsible when they support a massive new health entitlement. But combining Kennedy-Dodd with all of the President’s proposed Medicare and Medicaid savings would make America’s long-term entitlement spending problem much worse than under current law.
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