Policy

Is Health-Care Reform Doomed?

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Cato's Michael Cannon spells out the thorny political landscape now facing would-be reformers in Congress:

  • "The Left and the health care industry both want universal health insurance coverage."
  • "But universal coverage is so expensive that Congress can't get there without taxing Democrats."
  • "But if congressional leaders pare back those taxes, they lose the support of the health care industry, which wants its subsidies."

That means industry pushback, which means reform becomes a difficult vote for many Democrats. And that may mean reforms built around universal-coverage just don't work. Read Cannon's whole post here.