Health Care Reform Update and a Fiscal Look at Repeal

WASHINGTON, Jan. 18, 2011 /PRNewswire-USNewswire/ -- With health care reform back on the policy agenda this week, The Concord Coalition released a new issue brief discussing how important it is for Congress to keep cost controls and the country's enormous fiscal challenges at the forefront of the discussion.

The law that was passed last year had the fiscally responsible goals of controlling long-term health care costs and of seeking to pay for its new benefits, particularly expanded coverage. Those goals should not be abandoned in any attempt to repeal, replace or amend the legislation.

Furthermore, simply repealing unpopular elements of the law while keeping the popular ones would likely leave fiscal policy in even worse shape.

Even if the law provides the promised amount of deficit reduction, it would hardly make a dent in total projected deficits over the coming decades. Much more work would remain to achieve a sustainable fiscal policy.

The full issue brief can be found here: http://concordcoalition.org/issue-briefs/2011/0118/health-care-reform-update-and-fiscal-look-repeal .

Thank you for your continued interest in The Concord Coalition.

The Concord Coalition is a non-partisan, grassroots advocate of fiscal responsibility. Former U.S. Senators Warren B. Rudman (R-NH) and Bob Kerrey (D-NE) serve as its co-chairs and former U.S. Secretary of Commerce Peter G. Peterson serves as president. For more information, see www.concordcoalition.org .

SOURCE The Concord Coalition