It's hard to believe almost any budget numbers coming out of
Washington, D.C., these days. The reason? The Obama administration is
cooking the books.
Okay, it's not actually violating any law. But perhaps it should be against the law for the Office of Management and Budget to do what it routinely has been doing: putting out budget forecasts that everyone inside the Beltway knows are not real. If a private CPA did that, he would lose his license to practice.
Here's the backstory. Health care spending in this country has been growing at twice the rate of growth of our income on a real, per capita basis. Although there has been modest slowing during the Great Recession, that's been the trend for the past 40 years and the United States is not unique. Our health care spending growth rate is in the middle of the pack among developed countries.
Read more: http://townhall.com/columnists/johncgoodman/2013/03/16/bait-and-switch-n1535733/page/full/
Okay, it's not actually violating any law. But perhaps it should be against the law for the Office of Management and Budget to do what it routinely has been doing: putting out budget forecasts that everyone inside the Beltway knows are not real. If a private CPA did that, he would lose his license to practice.
Here's the backstory. Health care spending in this country has been growing at twice the rate of growth of our income on a real, per capita basis. Although there has been modest slowing during the Great Recession, that's been the trend for the past 40 years and the United States is not unique. Our health care spending growth rate is in the middle of the pack among developed countries.
Read more: http://townhall.com/columnists/johncgoodman/2013/03/16/bait-and-switch-n1535733/page/full/
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