President Obama launched a campaign today to reform health care in the United States by the end of this year, telling a White House summit on the issue that that fixing the troubled system is “no longer a moral imperative, it is a fiscal imperative.”
Joined by lawmakers, health industry executives and a handful of “average Americans,” Obama vowed to press for legislation this year that dramatically expands insurance coverage, improves health care quality and reins in skyrocketing medical costs.
“The same soaring costs that are straining our families’ budgets are sinking our businesses and eating up our government’s budget, too,” Obama said in an East Room appearance.
“At the fiscal summit that we held here last week, the one thing on which everyone agreed was that the greatest threat to America’s fiscal health is not Social Security, though that’s a significant challenge,” he said. “It’s not the investments we’ve made to rescue our economy. By a wide margin, the biggest threat to our nation’s balance sheet is the skyrocketing cost of health care. It’s not even close.”
At the same time, the White House unveiled a new Web site, www.healthreform.gov, and said it plans to hold town-hall-style meetings across the country to rally public support for what is expected to be a protracted and arduous legislative battle. The meetings will be hosted by Democratic and Republican governors.
Medical spending, now about $2.3 trillion, consumes about 16 percent of the gross domestic product. And although the United States spends more per capita on health care than any industrialized nation, Americans do not live longer or healthier lives, according to a range of international measures.
As an opening maneuver, Obama set aside $634 billion in his proposed budget to be dedicated to health reform. The 10-year reserve fund could be used to provide health insurance to some of the 46 million Americans who do not have it today. To raise that money, Obama would cut itemized tax deductions for the wealthiest Americans and trim federal payments to hospitals, home health aides, drug manufacturers and some physicians.
via At Summit, Obama Urges Solutions for Rising Cost of Health Care – washingtonpost.com.