Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

ehrnst

(32,640 posts)
3. Medicare was passed in part because LBJ was able to hide what it would cost.
Wed Aug 28, 2019, 12:23 PM
Aug 2019

That can't be done now with the CBO having the job of crunching the actual costs.

"Johnson maneuvered every step of the way getting this bill through Congress, and one of the things he did — and this is a little dicey in today's climate — was suppress the costs. So this young kid gets elected from Massachusetts, Ted Kennedy, in 1962, and Johnson is explaining to him [over the phone] how you get a health bill through. And what he tells him is don't let them get the costs projected too far out because it will scare other people:

"A health program yesterday runs $300 million, but the fools had to go to projecting it down the road five or six years, and when you project it the first year, it runs $900 million. Now I don't know whether I would approve $900 million second year or not. I might approve 450 or 500. But the first thing Dick Russell comes running in saying, 'My God, you've got a billion-dollar program for next year on health, therefore I'm against any of it now.' Do you follow me?"


JM]: We believe, after looking at the evidence, my co-author [David Blumenthal] and I, that if the true cost of Medicare had been known "” if Johnson hadn’t basically hidden them "” the program would never have passed. America’s second-most beloved program would never have happened, if we had had genuine cost estimates.


https://www.npr.org/templates/story/story.php?storyId=112234240

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»List of all current Medic...»Reply #3