Health Care Reform Should be Scored Over the Long-Term

Stephen Keen /

President Obama has repeatedly signaled he would not support a health care reform bill unless it includes long-term cost savings. He recently promised to “take on key causes of rising [health care] costs – saving billions while providing better care to the American people.”

But will the current health care reform proposals actually curtail costs? Recent estimates from the non-partisan Congressional Budget Office (CBO) say no. The 10-year price tag for the House version currently stands at $1.3 trillion. (more…)