The government’s long-run fiscal problem is “overwhelmingly driven by rising health care costs,” columnist Paul Krugman wrote. “The Congressional Budget Office expects Social Security outlays as a percentage of GDP to rise 30 percent over the next quarter-century, as the population ages, but it expects a near doubling of the share of GDP spent on Medicare and Medicaid. So if you’re serious about deficits, you shouldn’t be pinching pennies now; you should be looking for ways to rein in health spending over the long term.”
Registered?Commenting on WE Blog now requires you to be a Kansas.com member. Use the links above to register, if you haven't already, or to log in.
Do you tweet? Follow us on Twitter: @WE_Tweet.