November 9, 2009
In an interview shortly before his retirement in 2001, the late Sen. Pat Moynihan (D-N.Y.) issued a warning:
“Never pass major legislation that affects most Americans without real bipartisan support. It opens the door to all kinds of political trouble.”
He said not only will the party that didn’t vote for it feel free to take shots at the resulting program whenever things go wrong, but also a large segment of the public will never accept it unless it is an overwhelming success. Every glitch will be magnified by a loud chorus of partisan opponents saying, “I told you so,” Moynihan said. More at POLITICO.com.
November 4, 2009
Congressional Budget Office, Cost estimate for H.R. 3961, the Medicare Physician Payment Reform Act of 2009, November 4, 2009. [Full Text (pdf)]
November 2, 2009
Jonathan Gruber. The House Proposal Lowers Non-Group Premiums. , MIT. November 2, 2009. [Full Text (pdf)]
The House proposal issued today provides premium assistance and market reforms which will make health insurance much more affordable for individuals facing purchase in the non-group market. The premiums that individuals will face in the new exchanges established by this legislation are, according to the non-partisan Congressional Budget Office, considerably lower than what they would face in the non-group insurance market, due to the market reforms put in place by the House plan, the mandate on individuals to participate regardless of health, and the market economies of new exchanges. This memo illustrates this point by relying solely on analysis available from CBO, as well as the details of the premium assistance available through premium credits in the House plan.