James Pethokoukis

It’s not just McKinsey suggesting Obamacare is a mess

June 20, 2011

Editor’s Note: This piece has been updated. Please see the update below.

Consulting firm McKinsey kicked up a hornet’s nest with these recent findings:

Obamacare court ruling gives a shoutout to Tea Party movement

January 31, 2011

From page 42 of the ruling by Judge  Roger Vinson:

It would be a radical departure from existing case law to hold that Congress can regulate inactivity under the Commerce Clause. If it has the power to compelan otherwise passive individual into a commercial transaction with a third party merely by asserting — as was done in the Act — that compelling the actual transaction is itself “commercial and economic in nature, and substantially affects interstate commerce” [see Act § 1501(a)(1)], it is not hyperbolizing to suggest that Congress could do almost anything it wanted. It is difficult to imagine that a nation which began, at least in part, as the result of opposition to a British mandate giving the East India Company a monopoly and imposing a nominal tax on all tea sold in America would have set out to create a government with the power to force people to buy tea in the first place. If Congress can penalize a passive individual for failing to engage in commerce, the enumeration of powers in the Constitution would have been in vain for it would be “difficult to perceive any limitation on federal power”[Lopez, supra, 514 U.S. at 564], and we would have a Constitution in name only.

New Obama health plan moves hard in wrong direction

February 22, 2010

Well, let’s see: It costs $75 billion more than the Senate plan. It delays the one sure-fire cost-control measure, the tax on high-end plans. And it gives the federal government new authority to block insurers from increasing premiums. That last one is particularly wrong-headed. The policy thrust of ObamaCare was supposed to be to reduce costs by changing how healthcare was delivered, not through rationing. But price caps are nothing more than rationing. As Cato’s Mike Cannon puts it:

Taxing investments to pay for healthcare reform is a bad idea

January 14, 2010

Labor unions are balking at President Barack Obama’s move to pay for healthcare reform by taxing their gold-plated health benefits. So Democrats are considering also taxing investment income. Not only would that approach make reform more costly and potentially worsen the U.S. fiscal deficit, it could politically doom the whole plan.

Is a healthcare deal close? Maybe not

January 13, 2010

This compilation of opinion from the great Igor Volsky at the Wonk Room

- Ways and Means Chairman Charlie Rangel (D-NY): “Normally you’re just dealing with the Senate and they talk about 60 votes and you listen to them and cave in, but this is entirely different,” he said. “I’m telling you that never has 218 been so important to me in the House.”

What Ben Nelson didn’t tell Nebraskans

December 31, 2009

Suddenly down some 30 points to a hypothetical 2012 challenger, Ben “60th vote” Nelson — a guy who won his 2006 race with 64 percent — is taking to the airwaves to explain his decision to vote for ObamaCare.

Healthcare vote may wound some Dems, like Ben Nelson

December 29, 2009

Truly shocking numbers on  Sen. Ben “60th Vote” Nelson from Rasmussen:

Repealing healthcare reform

December 29, 2009

Assuming ObamaCare passes, the GOP is already making a pledge to repeal it ASAP part of their 2010 (and beyond) electoral strategy. But Igor Volsky over at the Wonk Room makes some good points indicating the political difficulty of doing so, putting side an Obama veto of any attempts:

Surprise! Gaming CBO rules masks how healthcare reform may actually make deficit worse

December 23, 2009

[See update at bottom] A group of Republican senators, led by Jeff Sessions and Judd Gregg, are accusing the Democrats of double-counting Medicare tax hikes and spending cuts as both extending the solvency of the program and paying for expanded healthcare coverage. So they asked the CBO for its opinion. Here is the CBO’s response:

The bear case on healthcare reform

December 22, 2009

So now what? My pal Rich Lowry takes a crack at the bear case for healthcare reform. His main points: