Quote of the Day: Douglas Elmendorf

Douglas Elmendorf, director of the Congressional Budget Office, speaking at the 7th annual World Health Care Congress in Washington, DC, last month about rising healthcare costs.

We simply don’t have the ability…to change the growth rate.

Instead of using the phase “bend the curve,” he noted that CBO tends to talk about saving money versus spending more money.  He noted there are ways “to reduce spending without hurting health.”

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