Tuesday, April 15, 2014

Very Big News for ACA | National Catholic Reporter

Very Big News for ACA | National Catholic Reporter by MSW.  MGB: This is good news, but I am still unconvinced that some people will not wait until they are sick to sign up - causing a downward spiral and leading to single payer, which is preferable anyway.  Of course, if we put in a public option financed by some kind of payrol or consumer tax to fund people who cannot be covered cheaply elsewhere, such a spiral may not occur.  Still, let us hope the CBO is correct as this will have an impact on all health care programs, including Medicare and Medicaid.  If health costs are no longer the whipping boy, high interest costs and too low taxes on those who get the interest will become the locus of deficit reduction.  And yes, I mean the rich.

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