Monday, June 7, 2010

CBO on Health Spending

From a recent CBO presentation (via Keith Hennessey):
Rising health costs will put tremendous pressure on the federal budget during the next few decades and beyond. In CBO�s judgment, the health legislation enacted earlier this year does not substantially diminish that pressure....Putting the federal budget on a sustainable path would almost certainly require a significant reduction in the growth of federal health spending relative to current law (including this year�s health legislation).

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