Toward Universal Banking

Yet More Health Care Reform Blogging

The WSJ's Washington Wire:

Washington Wire: McCain-Obama Health Care Debate (Quietly) Rolls On: Because McCain would create a new tax break and not completely get rid of the existing tax breaks, his plan would cost $1.3 trillion over 10 years, according to the nonpartisan Tax Policy Center. The center predicts it would only cover about 5 million new people with insurance at its peak. By contrast, the center predicts Obama’s plan would cost $1.6 trillion over 10 years but eventually get insurance to an additional 34 million people...

McCain would also produce higher administrative costs, and a smaller proportion of health spending would actually go for health care.