Thursday, May 14, 2009

"Placebo - Why the Democrats' Proposals Will Not Work" by Michael F. Cannon (Cato Institute: Commentary)

"Placebo - Why the Democrats' Proposals Will Not Work" by Michael F. Cannon (Cato Institute: Commentary):

The key congressional committees have yet to introduce the legislation that will carry Democrats' hopes for 'universal coverage' — i.e., a government guarantee that all Americans will have health insurance, if not access to actual medical care. But the leading Democratic reform proposals — the plan on which Pres. Barack Obama campaigned, the 'Call to Action' white paper by Senate Finance Committee chairman Max Baucus of Montana, and the 'Healthy Americans Act' proposed by Sen. Ron Wyden (Oregon) — bear enough similarities that we can predict the shape that legislation will take. Indeed, they all bear a striking resemblance to the reforms that Republican governor Mitt Romney signed into law in Massachusetts in 2006."

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