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Krugman: Yes, We Can Afford Health Care

Kennedy-helmed HELP committee delivers feasible, cheap plan

By Kevin Spak,  Newser Staff

Posted Jul 6, 2009 9:43 AM CDT

(Newser) – The Congressional Budget Office has spoken: We can afford universal health care. Sure, we should have known that all along, writes Paul Krugman of the New York Times. Every other advanced country has it and spends less than we do. But last week the notoriously tight-pursed CBO scored a proposal from Ted Kennedy’s HELP committee that would insure just about everyone, and offer a public option. Total cost over the next decade? $597 billion.

Add in the expense of covering the poor and near-poor, which HELP suggests Medicaid handle, and the total increases to between $1 trillion and 1.3 trillion, a relatively small number—4% of the $33 trillion the government expects we'll spend on health care in the next decade—that can be offset by common-sense cost-cutting like stopping Medicare overpayments to private insurers. So-called “centrist” senators, most of them Democrat, can no longer argue that reform is unaffordable. If a few more of them grow a conscience, “HELP will be on the way.”

In this April 21, 2009, file photo Sen. Edward Kennedy, D-Mass. reacts as President Barack Obama speaks at the SEED School of Washington.
In this April 21, 2009, file photo Sen. Edward Kennedy, D-Mass. reacts as President Barack Obama speaks at the SEED School of Washington.   (AP Photo/Charles Dharapak, FILE)
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The only question now is whether persuasion from President Obama, pressure from health reform activists and, one hopes, senators’ own consciences will get the centrists on board. - Paul Krugman

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COMMENTS
Showing 3 of 39 comments
2-bits
Jul 7, 2009 12:06 PM CDT
While everyone else takes the high road, I guess I'll take the low: ClearSight, you're kind of a dick, you know that?
2-bits
Jul 7, 2009 4:23 AM CDT
You don't get it, this isn't a race to the bottom.
Fondue
Jul 6, 2009 11:11 AM CDT
So is all your name calling.

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