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Paying for Obamacare: Kicking the Can Down the Road to Future Generations
Posted By Kathryn Nix On June 4, 2010 @ 3:00 pm In Health Care | No Comments
Health care reform was supposed to lower health care spending while expanding access for the uninsured. Instead, though Obamacare will cost taxpayers trillions, it will do little to address the rising cost of care. The government overhaul will not only have large and immediate negative effects for Americans of every ilk, but will have severe implications for future generations, amassing more federal debt to kick down the road to tomorrow’s taxpayers. In a recent paper , Heritage expert James Capretta lays out the several ways in which Obamacare will add to, rather than reduce, federal deficits:
The costs of Obamacare will supposedly be paid for through new taxes and spending cuts, many of which take the form of Medicare payment reductions to providers. Because of the limitations these will put on Medicare enrollees access to doctors, they are unlikely to occur—and if they do, will reduce the quality of care that seniors receive. As the cost of Obamacare grows as a result, future generations will be faced with the feat of paying for it—for real. To read more, click here .
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URL to article: http://blog.heritage.org/2010/06/04/paying-for-obamacare-kicking-the-can-down-the-road-to-future-generations/
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 Image: http://www.foundry.org/wp-content/uploads/Doctor_and_Patient090622.gif
 In a recent paper: http://www.heritage.org/Research/Reports/2010/06/Obamacare-Impact-on-Future-Generations
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