June 4, 2009 | American Enterprise Institute
On June 4, 2009, EPPC Fellow James C. Capretta participated in a panel discussion at the American Enterprise Institute on the health-care reform bills under development in Congress. Mr. Capretta focused his comments on the budgetary challenges which exist under current law and the significant additional costs associated with the health-care plans Congress is considering. In particular, Mr. Capretta noted that the federal government does not have the capacity to control costs with painless efficiency measures. To slow the pace of rising costs, it is likely that the federal government will eventually resort to arbitrary price controls, such as those employed in Medicare, which would lead to waiting lists and queues if applied system-wide.