Partisan Health Bills Fail to Control Cost, Business Leaders Say
Monday, 20 July 2009
Without Drastic Changes, Better to do Nothing
Washington, D.C. July 20, 2009 - Trustees for CED today expressed extreme disappointment with newly released Congressional health bills.

"The House of Representatives and the Senate HELP Committee proposals are unacceptable. They would expand coverage without controlling costs, leaving future generations with a system even worse than what we have today. We cannot afford the government and the health-care system we have now, much less this bloated alternative. Lawmakers have bowed to political pressure at the expense of sensible policy. The business and policy community cannot stand behind these bills," said W. Bowman Cutter, Managing Director, Warburg Pincus.

 
CED, the Committee for Economic Development is an independent, nonpartisan organization for business and education leaders dedicated to policy research on the major economic and social issues of our time and the implementation of its recommendations by the public and private sectors.