White House Celebrates: Health Care Spending Increases Because of Democrats’ Health Care Law
Today, the White House spin machine attempted to use a Health Affairs report authored by the economists and actuaries from the Centers for Medicare and Medicaid Services (CMS) to tout the supposed success of the Democrats’ health care law. The report once again cites that national health care expenditures will increase as a result of the law.
Recall that previously, the Obama Administration stated that slowing national health spending was the “single most important thing” we could do to improve our nation’s finances. However, the chart below from the report shows national health care spending will increase drastically as a result of the Democrats’ health care law.
As our nation careens towards fiscal disaster, with the driving factor being health care costs, we find that we are much closer to the edge of the cliff. The Democrats’ law may well drive us over the edge.