Health Spending Drives Federal Budgets Spects: ; Obama Missed an Opportunity to Change Things

Summary


WASHINGTON - By now, it ought to be obvious why President Obama has wanted his health care overhaul passed quickly.

It would be (and now will be) inconvenient to promote expanded government health spending while simultaneously pledging to rein in future budget deficits - when unrestrained health spending is a major cause.

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Health Spending Drives Federal Budgets Spects: ; Obama Missed an Opportunity to Change Things

It's like promising to go on a diet but first treating yourself to one last binge.

The Congressional Budget Office confirms the dire fiscal outlook. From 2011 to 2020, the CBO projects cumulative deficits of $6 trillion.

By 2020, the deb...

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