Skepticism About Healthcare Cost Savings

I’m not alone in my skepticism over Congress’s willingness to relinquish power over Medicare whether it saves money or not. Here’s Mickey’s Kaus’s tweets on the subject:

Time’s Tumulty says H. Reid quietly emasculated Obama’s pet cost-cutting “Fed for Med” panel by fiddling with trigger. http://tiny.cc/0hod7 Heh! … The idea that Congress would give up power over Medicare (think mammograms) to a panel of experts was always an Orszagian fantasy. Nor should we want it to. … (If you believe Orszag will bend the cost curve you maybe also believe that Uri Geller bends spoons.)

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