House Health Bill

One of the key differences between the early draft of the House health bill and the Senate Finance draft was the different long-term implications of the financing mechanism. The House bill is financed by taxes on rich people. Since health spending is increasing faster than the overall economy, this meant that even though the House bill was deficit neutral in the 10-year CBO window, by the end of that period expenditures are rising faster than revenues. The ... Full Story »

Posted by Derek Hawkins - via NewsRack (Health Care)

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Derek Hawkins
3.2
by Derek Hawkins - Oct. 29, 2009

Brief, but this sheds light on some key differences in the House and Senate bills I wasn't aware of.

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