Now would be a good time to remember that at the beginning of the
health care reform push, the White House was arguing that it
needed to act on health care in order to rein in entitlements.
You may recall that days after signing the $787 billion economic
stimulus package, the White House hosted a Fiscal Responsibility
Summit.
Peter Orszag, director of the White House Office of Management
and Budget,
declared that:
In charting a new fiscal course, we need to be clear in
diagnosing the problem. The single most important thing we can
do to put this nation back on a sustainable long-term fiscal
course, is slow the growth rate of health care costs.
As Bob Greenstein already emphasized, health care is the key to
our fiscal future.
So, to my fellow budget hawks in this room and in the rest of
the country, let me be very clear. Health care reform is
entitlement reform. The path to fiscal responsibility must run
directly through health care.
We also must recognize that reforms to Medicare and Medicaid
will only succeed in the context of slowing the overall growth
rate of health care costs.
President Obama made the same point himself in an April economic
speech at Gerogetown:
So if we want to get serious about fiscal discipline -- and I
do -- then we're going to not only have to trim waste out of
our discretionary budget -- which we've already begun -- we
will also have to get serious about entitlement reform.
Now, nothing will be more important to this goal then passing
health care reform that brings down costs across the system,
including in Medicare and Medicaid.
So make no mistake: Health care reform is entitlement reform.
And now, the process which began with the declaration that
"health care reform is entitlement reform" is reaching a
conclusion with a bill that would add 15 million people to the
Medicaid rolls and a last minute deal to expand the mother of all
entitlements, Medicare. And to the extent that the legislation
does cut Medicare spending, it is merely to finance a new
entitlement.
Let us not forget, also, that so far not one official estimate
has found that pending legislation would reduce the growth of our
nation's overall health care costs, and when the chief actuary
for the Centers for Medicare and Medicaid Services evaluated the
House bill, he found that it actually made our health care system
even more expensive than the unsustainable status quo.
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