Wednesday, January 26, 2011

Richard Foster, chief actuary of the Centers for Medicare and Medicaid Services, delivers devastating blow to Obamacare

Washington Post:
James Capretta, a senior fellow at the Ethics and Public Policy Center, also testified and observed the full hearing. In response to my inquiry as to the main take-away, he e-mailed, "The most important thing said [by Foster] today: in so many words, moving toward defined contribution health care has more potential than price controls to bring about real efficiency gains and higher productivity in the health sector, and slow the pace of rising costs. That's a very big deal." And a very big blow to the credibility of ObamaCare cheerleaders.
Rep. Paul Ryan 1, ObamaCare 0

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