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Wednesday, July 31, 2013

Health Care

News                                                                                                                             
CNN Money | Government shutdown won't shut Obamacare: Report
The new health care law draws funding from sources that are not subject to the congressional budget process, according to the nonpartisan Congressional Research Service. Also, the revenue collected under Obamacare is considered to be part of a category that ensures the "safety of human life or the protection of property," which makes it immune to government shutdowns, the report said.

Econ Comments & Analysis                                                                                            
WSJ | How ObamaCare Hurts Patients
President Obama promised to mend the failings in the American health-care system, and yet for cancer treatment, ObamaCare is taking a rotten feature of the old system and making it worse.
NBER | Evidence for Significant Compression of Morbidity In the Elderly U.S. Population
The question of whether morbidity is being compressed into the period just before death has been at the center of health debates in the United States for some time.
CATO | Defunding Obamacare: Worth a Try
After a summer of relative quiet on the fiscal front, Congress is approaching two deadlines that will be vital not just in terms of the U.S. economy, but for the future of the Republican party as well.
Heritage Foundation | Defunding Obamacare: The Next Best Option
Congressional opponents of Obamacare continue to search for the best approach to relieve the American public of the unpopular law’s burdens. Of course, the ideal solution is Obamacare’s full repeal. However, short of its full repeal, Congress’s best option is to defund the entire law to prevent its implementation.

Blogs                                                                                                                             
CATO | CBO: One-Year Delay of Employer Mandate Increases Spending, Debt, and Dependence
The Congressional Budget Office has released its cost estimate of the Obama administration’s one-year repeal delay of ObamaCare’s employer mandate and anti-fraud provisions. The CBO expects the Obama administration’s unilateral rewriting of federal law (my words, not CBO’s) will increase federal spending by $3 billion in 2014 and reduce federal revenues by a net $9 billion, thereby increasing the federal debt by $12 billion.