07 October 2009

Baucus Bill to reduce deficit

So the Congressional Budget Office says that the Baucus (pron. "bogus") Finance Committee Bill would save $81B over some or other period of time. I guess is marginally good news, but one has to wonder, how much more would/will a robust public option that requires real cost savings reduce the deficit? And if we really got real about opening up a plausible scheme for developing revenues to pay for the public sector part of health care (including medicare and VA), we could easily arrange things so that Medicare is stabilized and health care does not add anything to the deficit. Easily, that is, except politically. The idea of actually paying for public services is virtually anathema in this crazy country of ours, even though every other advanced nation in the world just accepts this as a fact of life, like gravity.

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