Today, CNN Money featured a piece from the Concord Coalition's Josh Gordon, who argued against repealing the Independent Payment Advisory Board (IPAB) established in the health reform legislation. As Gordon explains:
Update: Estimates updated
Clay Masterpiece – Rafael Nadal and Roger Federer played yet another classic tennis match yesterday, with Nadal once again emerging victorious for his sixth French Open title. The distinctive red clay of Roland Garros produces slow-moving tennis characterized by long rallies and lots of spin on the ball.
Today's edition of USA Today features an editorial advocating increasing premiums for military retirees enrolled in TRICARE.
Feeling the Heat – As most of us return to work this week nursing sunburns and swapping stories of grilling glory, the heat is on in Washington, at least on one side of Capitol Hill. Senators are out of town this week, but Representatives are working on appropriations. Meanwhile, the debt limit deadline continues to draw closer.
Considering its role as the biggest driver of long-term deficits and debt, health spending has to be addressed in any serious long-term budget plan. And to Rep. Paul Ryan's credit, he has definitely done that in his FY 2012 budget proposal. There are numerous provisions in the proposal that deal with federal health care spending. Let's go through them:
Yesterday, Reps. Jim Cooper (D-TN) and Paul Ryan (R-WI) introduced H.R. 1252, the “Medicare Information Act” (MedInfo Act). The legislation aims to better inform taxpayers about their individual Medicare contributions and benefits by including information in a yearly statement they already receive about Social Security. The overview of the bill states:
One year ago on Wednesday, the health care reform legislation (or PPACA, the Patient Protection and Affordable Care Act) was passed by Congress. Technically, the President didn't sign the legislation into law until March 30 last year, but tomorrow is close enough. We just couldn't wait to update our charts.