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Wednesday, January 11, 2012

Health Care

News                                                                                                                             
National Journal | Raising Medicare Age Would Save $148 Billion, CBO Says
The projected savings are lower than CBO’s March estimate of $162 billion, but the earlier calculation did not include the premiums that seniors must pay into the program.
National Journal | Soda Tax Could Save 26,000 Lives, Study Projects
A tax on sugary soft drinks could discourage consumption just enough to save 26,000 people from dying of strokes, heart attacks, or other obesity-related ills over the next decade, researchers reported on Tuesday.
National Journal | In Supreme Court Brief, States Take On Medicaid Expansion
The 26 states opposing health care reform argued on Tuesday that the law's Medicaid expansion was so coercive to the states that it goes beyond Congress's power to spend in a brief filed to the Supreme Court Tuesday afternoon.

Econ Comments and Analysis                                                                                          
CBO | Raising the Ages of Eligibility for Medicare and Social Security
Raising the ages at which people can collect Medicare and Social Security would reduce federal spending and increase federal revenues by inducing some people to work longer. However, raising the eligibility ages for those programs also would reduce people's lifetime Social Security benefits and cause many of the people who would otherwise have enrolled in Medicare to face higher premiums for health insurance, higher out-of-pocket costs for health care, or both.