Jul 16 2009
The health care overhauls released to date would increase, not reduce, the burgeoning long-term health costs facing the government, Congressional Budget Office Director Douglas Elmendorf said Thursday.
The chairman of the Senate Finance Committee, DemocratÂ Max BaucusÂ of Montana, who has not yet released a bill, said his panel is acutely aware of the long-term cost concern. â€œClearly our committee will do what it can,â€ he said. â€œWe are very seriously concerned about that issue. We very much want to come up with a bill that bends the cost curve.â€
But Baucus suggested the White House is making the task difficult with opposition to one cost-cutting approach Elmendorf cited â€” limiting or even ending the tax exclusion for employer-provided health benefits.
Well imagine that! Since the federal government has been underpaying their Medicare/Medicaid bills for decades in a cynical exercise in pretending to ‘cut costs’ it is no surprise that, when they now must pay full dollar on health care, the cost is going to go up.
Welcome to reality liberal DC Dems!