Wednesday, February 24, 2016

Opportunities for Health Care Savings in Obama's 2017 Budget

In a remarkable move breaching a four-decade precedent and characterized by many as a snub, the Republican chairmen of the House and Senate Budget Committees declined to invite the director of the Office of Management and Budget to present President Obama’s 2017 budget to their committees.

Utterly ignoring the president’s proposed budget is short-sighted, especially since congressional Republicans are disunited on fiscal issues. In January the Congressional Budget Office (CBO) updated its estimate of the cumulative federal deficit for the next 10 years to $8.5 trillion, versus just $7 billion last August. The reason for the increase is that Republicans, who control both chambers, have won some tax cuts but no spending cuts.

Read the entire op-ed at The Hill.

No comments: