Thursday, July 5, 2012

Obamacare and "cost containment"

The problem with Obamacare? Who's going to pay for it?

The Obamacare law is constitutional, now make it affordable - "If Democrats want to save the ambitions of this law, they're going to have to find a way to write a Truly Affordable Care Act. That is, they're going to have to devise ways to put genuine cost containment in the bill, if they hope to keep the states on board for Medicaid expansion. They're not going to get much help from Republicans, whose mantra is "repeal and replace." Their view is that Democrats alone created this costly law and now own it. Within minutes of the court ruling, House Republicans scheduled a vote for July 11 to repeal the law. The House voted in January 2011 for repeal. Republican presidential challenger Mitt Romney vowed Thursday that he would act on his first day in office to repeal the law. It's unlikely that Republicans could engineer repeal through the Senate, though. They ought to engage Democrats in a real effort to contain the costs before the law takes full effect in 2014."


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