Inoculate the Budget Deficit From Healthcare Reform

May 8, 2012, William G. Gale

While health care spending is forecasted to make up much of the medium- and long-term budget deficit, William Gale explains why the country cannot wait for reform to be enacted before taking action on the budget. Instead, Gale proposes a plan to link excessive health care spending with a VAT, thereby reducing health spending's impact on the deficit.

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