Dems to Address Cost of Health Care Reform Bill
Democratic leaders in the House are holding a press conference shortly on their sweeping $1.2 trillion proposal to revamp the nation’s health care system. As
Jul 31, 2020188.7K Shares7.5M Views
Democratic leaders in the House are holding a press conference shortly on their sweeping $1.2 trillion proposal to revamp the nation’s health care system. As Sen. Tom Coburn (R-Okla.) might say: They have some ’splainin’ to do.
That’s because of damning testimony given yesterdayby Douglas Elmendorf, director of the Congressional Budget Office, which is charged with estimating the costs associated with legislative proposals. Regarding the Democrats’ health reform plans, Elmendorf told the Senate Budget Committee Thursday that their strategy would increase, rather than control, the long-term trajectory of health care costs that threatens to swallow the country’s economy.
“The curve is being raised,” he testified.
Not that it’s slowed the process just yet. Indeed, the House Ways & Means Committee passed its portion of the House bill early this morning. Still, it’ll be interesting to see how Democrats will defend their proposal’s capacity to rein in health care spending in the wake of Elmendorf’s testimony.
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Dexter Cooke
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Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide.
He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina.
Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations.
As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all.
Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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