Michael Gerson on the 'Doc Fix'

http://www.futureofcapitalism.com/2010/05/michael-gerson-on-the-doc-fix

Columnist Michael Gerson writes:

Two months after passing a law that supporters claimed would reduce federal deficits, largely through Medicare cuts, the House is moving toward a temporary "doctor fix" that would add tens of billions in Medicare costs. Even more expensive fixes are likely in the future. Congressional leaders knew this spending would be necessary when they passed health reform in March. Yet they didn't include this liability in the law, in order to hide the overall cost of the entitlement. In a failing corporation, this would be a scandal, investigated by Congress. In Congress, this is known as legislative strategy.

by Editor  |  May 28, 2010 at 8:47 am Related Topics:  Health Care, Press receive the latest by email: subscribe to the free futureofcapitalism.com mailing list