CBO Chief Criticizes Democrats' Health Reform Measures

From The Washington Post: “Instead of saving the federal government from fiscal catastrophe, the health reform measures being drafted by congressional Democrats would increase rather than reduce public spending on health care, potentially worsening an already bleak budget outlook, the director of the nonpartisan Congressional Budget Office said this morning. Under questioning by members of the Senate Budget Committee, CBO director Douglas Elmendorf said bills crafted by House leaders and the Senate health committee do not propose “the sort of fundamental changes that would be necessary to reduce the trajectory of federal health spending by a significant amount.” “On the contrary,” Elmendorf said, “the legislation significantly expands the federal responsibility for health-care costs.” …”

Read the Full Story Here.