(Community Matters)
Healthcare costs currently total 16% of our nation’s GDP. Medicare & medicaid currently consume 23% of our federal budget (they account for apprx 35% of overall US healthcare costs). Healthcare as a percentage of GDP and medicare/medicaid as a precentage of the federal budget are expected to escalate drastically over the next several years. Already, American manufacturers are at a competitive disadvantage against manufacturers in countries offering universal healthcare, over 40mm Americans don’t have healthcare coverage and our longevity is dismal compared to other industrialized countries. It’s a joke to say we have one of the best healthcare systems in the world, though we do have the most expensive.
Though the current first step toward reform doesn’t go far enough in containing costs, increasing affordability or increasing competition, it represents the first real reform in over 70 years of presidents and congress trying.
Republicans had lockstep control of Congress and the White House for six of eight years and did nothing to avoid the financial trainwreck we face. I don’t understand why the Senate hasn’t approved via reconciliation status the House plan sans Stupak/Pitts amendment and with a robust public option freed of silly little amendments intended to safeguard the anti-competitive protections such as no selling across state lines.
Absolutely it’ll be imperfect but it will be a step in the right direction. No, I do not support a single payer system. I believe those who can afford more than the government provided baseline should be able to purchase additional services. And, yes, seniors must bear some of the burden of fixing a system that is unsustainable as it currently exists. Do not defund their programs to provide broader coverage but amend Medicare & Medicaid to make it economically sustainable.
yes I am worried about deficits. That we are returning to borrowing levels reminiscent of WWII should come as no surprise – especially in light of our failure to finance our two wars, instead irresponsibly cutting taxes



