The debt deal will undo Obamacare

Article Highlights

  • The Budget Control Act of 2011 will make policymakers realize that we need to deep cuts to #ObamaCare

    Tweet This

  • Because the committee will be evenly divided between House and Senate, GOP and Democrat, it is doomed @JoeAntos #budget

    Tweet This

  • Unless the gov't starts growing quickly, we have another $2 trillion in cuts to make

    Tweet This

The Budget Control Act of 2011 ties increases in the federal debt limit to cuts in spending on a dollar-for-dollar basis. In a deal described by one opponent as a “sugar-coated Satan sandwich,” President Obama agreed that Medicare should be put on the chopping block along with other federal programs. That could prove to be the thread that unravels the massive expansion of health spending created in last year’s Patient Protection and Affordable Care Act.

Joseph Antos is the Wilson H. Taylor scholar in healthcare and retirement policy at the AEI.

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Joseph
Antos

What's new on AEI

How the Common Core went wrong
image Election countdown: The mood, measurements, and mechanics
image Rubio's defense speech: Fearless, informed, and refreshing
image Sorry Kerry, there is little role for Iran in fighting ISIS
AEI on Facebook
Events Calendar
  • 22
    MON
  • 23
    TUE
  • 24
    WED
  • 25
    THU
  • 26
    FRI
Monday, September 22, 2014 | 2:30 p.m. – 4:00 p.m.
Policy implications of the new US labor market normal

We welcome you to join us as a panel of economists discuss US wage and price prospects in the coming months and the implications for the Federal Reserve’s current unorthodox monetary policy.

Event Registration is Closed
No events scheduled this day.
No events scheduled today.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.