The health-care reform bill passed by the House of Representatives meets the $900 billion threshold standard set by President Barack Obama. That threshold is financially responsible and deficit-neutral, asserts Peter Orszag, Director of the Office of Management and Budget, in this interview with "Inside E Street" host, Sheilah Kast.
Cost-effective health care is possible and can be achieved through fiscally smart reform, says Orszag, while discussing the goals and costs of current health care legislation. He explains how current legislation reflects the true costs of reforming the system to expand access and bolster quality.
Before assuming his current position, Orszag was director of the Congressional Budget Office. Kast's interview with him is part of next week's "Inside E Street" episode, "Doctors and Deficits," also including guests Dr. J. James Rohack, president of the American Medical Association; David Sloane of AARP; and Jonathan Blum, director of the Center for Medicare Management.
Watch the full program online and hear Orszag talk about health reform and how the government is cracking down on Medicare fraud.