Is Health-Care Reform Doomed?
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.
