Federal Spending on Health Care Doubles in the Next Decade

The Congressional Budget Office (CBO) released its Budget and Economic Outlook for years 2012 to 2022 yesterday, and as Heritage’s Patrick Knudsen shows, the numbers add up to a dismal fiscal future. As the government continues its fiscal irresponsibility, 2012 will be the fourth straight year of trillion-dollar deficits. This trend is on track to continue as a result of increasing federal spending on health care, which will more than double between 2012 and 2022. The CBO estimates that by 2022, the government will spend $1.8 trillion on health care, … More

RomneyCare Just Got $150 Million More Expensive

By Michael F. Cannon

One of the ways Massachusetts officials have tried to temper RomneyCare’s cost overruns was by denying participation to legal immigrants. Last week, the Commonwealth’s highest court ruled that restriction violates the Massachusetts Constitution: Massachusetts cannot bar legal immigrants from a state health care program, according to a ruling issued Thursday by the state’s highest court… The [...]

RomneyCare Just Got $150 Million More Expensive is a post from Cato @ Liberty – Cato Institute Blog

Bryan Caplan Rates Jonathan Gruber’s ObamaCare Graphic Novel ‘Awful’

By Michael F. Cannon

Over at EconLog: Given my interest in health economics and graphic novels, I was initially hopeful about Jonathan Gruber‘s graphic novel, entitled Health Care Reform: What It Is, Why It’s Necessary, How It Works.  But in all honesty, the book is awful.  Gruber crafts his argument like a salesman, not an economic educator.  He’s careful to avoid outright mistakes, and [...]

Bryan Caplan Rates Jonathan Gruber’s ObamaCare Graphic Novel ‘Awful’ is a post from Cato @ Liberty – Cato Institute Blog