“CBO Director Dr. Douglas Elmendorf has posted the slides he used in a presentation Wednesday to the Institute of Medicine, titled “Health Costs and the Federal Budget.” The presentation obliterates the claims of the President and his allies about the effects of the new laws on federal health spending and the budget…Never before have I seen a CBO Director so bluntly refute the policy claims of a President and his Budget Director.” –Keith Hennessey
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