Monday, August 31

How Obama Can Save Money

The grim deficit news counsels even more strongly that funding come from within the health-care system; other revenue is going to be needed to deal with the spiraling debt. The most sensible such source is the tax-free treatment of employer-sponsored health insurance. Capping the exclusion of health benefits from taxable income would both generate revenue and help slow cost growth. As vital is dealing with Medicare costs. The best approach is giving the Medicare advisory council power to implement, not merely advocate, cost-saving measures, subject to presidential or congressional override.
I don't think Americans will swallow it, though.

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