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Friday, June 22, 2007
Weekend Reading: CBO Testimony on Health Care
If you read anything policy-related this weekend, make sure it's Peter Orszag's testimony to the Senate Budget Committee. He gives a fair reading of the factors producing the explosion in health care costs.
Though I'd like it to have gone deeper, in terms of the explanation, and maybe a little bolder in terms of the solutions, there's no doubt that this testimony is a tremendous step forward in the debate over the long-term budget imbalance (or should I say, the health care crisis). Kudos, Mr. Orszag! Hopefully, this line of analysis, focusing on the inefficiencies in the health care market, will get enough traction to center the debate moving forward- with no more talk of cutting Medicare, Medicaid and Social Security!
Posted by Matt Lewis
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