Instead of the House Republicans breaking their own proposed "CutGo" rule to offset the cost of all spending increases, they have chosen to carve a multi-billion dollar loophole, specifically exempting the $143 billion 10-year cost of repealing health care reform.
By brazenly doing so, House Republican leaders are tacitly admitting that 1) health care reform is deficit reduction, and 2) their claims of fiscal responsibility are completely empty.
Not only is health care reform the equivalent of deficit reduction, health care reform is the only serious path to deficit reduction. The CBO estimates the savings of the Affordable Care Act to be $1 trillion over the next two decades, and many health care experts believe that's a conservative estimate because the cost-control provisions are inherently experimental.
To exempt heath care reform from a deficit reduction rule is to not have a deficit reduction rule.
Full Article
No comments:
Post a Comment