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Director Orszag on Health Care Reform: Higher Quality for Lower Costs

OMB Director Peter Orszag makes clear where fiscal responsibility lands in the health care reform debate:
Readers of this blog are familiar with my argument: Our fiscal future is so dominated by health care that if we can slow the rate of cost growth by just 15 basis points a year (0.15 percentage points), the savings for Medicare and Medicaid would equal the impact from eliminating Social Security’s entire 75-year shortfall.