Quote Of The Day

“I think it’s pretty clear at this point that no bill from our Congress is going to meaningfully “bend the cost curve”.  Every time I argue that cost control seems unlikely, I hear that no, the Senate bill is going to make some serious inroads into delivery system reform.  Well, according to the CBO, the savings achieved by Subtitle A, the main delivery system reform part of the bill, are trivial–not really distinguishable from zero, when you consider the uncertainties inherent in the estimates.” — Megan McArdle, on the recently released CBO report