A Prescription for Ruin
Ezra Klein, Newsweek
Health Care on the CheapI've got some good news for deficit hawks: earlier this year, Congress passed legislation reducing the deficit by about $125 billion over the next 10 years. But, as they say on the infomercials, that's not all! The bill cuts the deficit by $1.3 trillion in the second decade. That more than pays for every dollar we've spent on stimulus since 2008. The bill also sets up a new"”and actually credible"”system to keep Medicare's costs under control. So hear that, fiscal conservatives? Hear that, bond markets? This is...
http://www.realclearpolitics.com/2010/08/13/a_prescription_for_ruin_239608.html
