Thursday, March 16, 2017

CBO has too narrow a focus on health care

On the CBO's front page and all the headlines are about reducing the deficit. The talk about the health care law is only focused on how it will reduce the federal deficit, not how it will effect the actual amount Americans spend on health care. Here is the thing, like most reasonable people, if someone said that I can either see the cost of my health care go up by $1000 in my private spending or see my taxes go up by $500 I would rather see my taxes go up by $500 because I am better off. This perception people have which overemphasizes small increases in government spending while ignoring massive costs at the rest of our pocket books is going to ruin our nation, and I am not exaggerating, this has been the result of many well designed studies. We need to see a dollar as a dollar no matter where it enters or leaves our pocket books, to do otherwise is folly.

The CBO leaves out the big issue in this report which is overall health care spending for the country. Read it here: even though they leave out the most important part of any health care legislation in this country.

No comments:

Post a Comment