Posted on 09/08/2009 10:06:44 PM PDT by Nachum
A new report that for the first time gauges the impact of health care reform two decades out shows the nation's budget imbalance would skyrocket after 2020.
The House bill would increase the budget deficit by $1 trillion between 2020 to 2029, up from $39 billion from 2010 through 2019, says the Peterson Foundation study, conducted by the nonpartisan Lewin Group.
For "health care reform to be fiscally responsible, it must not just pay for itself over 10 years and beyond, it should also result in a significant reduction in the tens of trillions of dollars in the federal government's unfunded health care promises," said David Walker, president and CEO of the Peterson Foundation, which promotes fiscal prudence
(Excerpt) Read more at washingtontimes.com ...
The list, ping
Those of us who work for a living figured this out a long time ago.
If you want to reduce the cost of health care by tens of trillions of dollars, the most effective methods would be real tort reform, or killing old people.
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