This week, the budget committees of both chambers of Congress released their budgets ahead of President Obama’s budget—marking the first time in 92 years that Congress kicked off the budget process instead of the President. The House budget, under the helm of Chairman Paul Ryan (R–WI), delivers a balanced budget …
Obamacare supporters tend to give credit to the law where credit is not due. In the latest attempt, Senate Budget Committee Chairman Patty Murray (D–WA) tried to link lower projections for Medicare and Medicaid spending to the Affordable Care Act. During today’s hearing on the recent Congressional Budget Office (CBO) …
Health care spending actually didn’t skyrocket in 2011–but just wait. This week, the Centers for Medicare and Medicaid Services (CMS) Office of the Actuary released the National Health Expenditures report for 2011. The report shows that growth in national health spending remained relatively low in 2011, growing at 3.9 percent. …
By now, most Americans who have been following the effects of the Patient Protection and Affordable Care Act (PPACA) realize that the health care overhaul is going to cause health insurance premiums to increase. Even President Obama admitted that his health care plan was “going to increase our costs—we knew …
