Obama’s Health Reform Savings Myth

Conn Carroll / June 01, 2009

Last week we detailed the absurdity of the Obama administration’s claims that they could control health care costs by ADDING millions of America into government run health care. This Sunday, the New America Foundation’s Maya MacGuineas also attacked Obama’s Health Reform’s Savings Myth:

“Health-care reform is entitlement reform” has become a mantra of the Obama administration. The idea is that Congress can add a massive health-care program this year — covering the uninsured — and use the same measures that pay for the health reform to fix the broader budget problems. If that sounds too good to be true, there’s a reason.

Expanding insurance to cover the 46 million Americans who are uninsured would probably cost more than $100 billion a year — more than the federal government spends on education, training, employment and social services combined. (more…)