Congressional Budget Office Director Douglas Elmendorf testified today that the health reform bills currently being proposed in Washington are only going to increase Federal costs while not cutting healthcare costs by much.
Really not surprising to me at all considering how absurd some aspects of the bill really are. With yesterday's announcements by Obama and his supporters concerning the bill, even more people have started to question the bill- including many who used to support it. Larry Kudlow went as far as to say that he thinks the bill is so ridiculous that he is bullish on it not being passed. Let's hope he is right...
Here's a link to a news story about the CBO testimony for those interested: http://money.cnn.com/2009/07/16/news/economy/health_care_reform/index.htm?postversion=2009071614
Really not surprising to me at all considering how absurd some aspects of the bill really are. With yesterday's announcements by Obama and his supporters concerning the bill, even more people have started to question the bill- including many who used to support it. Larry Kudlow went as far as to say that he thinks the bill is so ridiculous that he is bullish on it not being passed. Let's hope he is right...
Here's a link to a news story about the CBO testimony for those interested: http://money.cnn.com/2009/07/16/news/economy/health_care_reform/index.htm?postversion=2009071614