Eleven Items Worth Raeading, Mostly Economics, for April 18, 2010
in Re John Yoo: In Which Brad DeLong Demonstrates That He Is an Ineffectual Procedural Liberal...

Yet Another Reason the Country Would Be Better if We Shut the Republican Party Down Today...

Jon Ward:

Details, hope in short supply as Obama fiscal commission readies for eight-month sprin: Sen. Tom Coburn, Oklahoma Republican, said he is going to make “waste, abuse, fraud and inefficiencies” in Medicaid a priority issue and will make sure it gets attention in commission meetings. “Nobody else is going to focus on that,” Coburn said. “Nobody else thinks the $300 billion that we waste every year is important. Over 10 years that’s $3 trillion. So we’re going to look at that aspect of it.”

Total Medicaid spending this year is currently pegged at $280 billion. How Coburn can think that all $280 billion that will be spent this yearon Medicaid is waste--plus an extra $20 billion in waste even though we do not spend it--is beyond me.

I don't have a good feeling about this fiscal commission--not at all.

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