We do not see the sort of fundamental changes that would be necessary… — Doug Elmendorf

We do not see the sort of fundamental changes that would be necessary to reduce the trajectory of federal health spending by a significant amount and, on the contrary, the legislation significantly expands the federal responsibility for health care costs.

More from Doug Elmendorf

Restoring responsibility and accountability is essential to the economic and fiscal health of our nation. — Carl Levin
We are made wise not by the recollection of our past, but by the responsibility for our future. — George Bernard Shaw
Health is the soul that animates all the enjoyments of life, which fade and are tasteless without it. — Lucius Annaeus Seneca
Yes. We do think that the stimulus package is raising GDP and raising employment relative to what would have happened otherwise. — Doug Elmendorf
The outlook for the Federal budget is bleak. — Doug Elmendorf