Part 2:Unfunded, inadequate and unambitious
As we explained Saturday, the most serious weakness of Sen. Jim DeMint’s “Health Care Freedom Plan” is its lack of strong mechanisms to control out-of-control medical inflation. But within the plan itself, specific elements also have deficiencies of their own.
Perhaps the DeMint plan’s most deceptive claim is that it comes at “no cost.” The Heritage Foundation, a conservative think tank, estimated the cost of its vouchers and tax credits at about $300 billion over the first five years, or, DeMint says, about $700 billion over 10 years. (He has yet to request an official estimate from the Congressional Budget Office, and his critics have priced the plan’s 10-year cost at a staggering $1.9 trillion.)
Filed under: Uncategorized Tagged: | DeMint, Opinion
