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CBO: Approaches for Giving the President Broad Authority to Change Medicare

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Approaches for Giving the President Broad Authority to Change Medicare – July 25, 2009. Letter to the Honorable Steny H. Hoyer.

  • “Expanding the authority of the President to effect change in the Medicare program might lead to significant long-term savings in federal spending on health care. The available evidence implies that a substantial share of spending on health care contributes little, if anything, to the overall health of the nation. Therefore, experts
    generally agree that changes in government policy have the potential to significantly reduce health care spending—for the nation as a whole and for the federal government in particular—without harming people’s health. However, achieving large reductions in projected spending would require fundamental changes in the financing and delivery of health care.”
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