The ObamaCare Escalator

This is an opinion item.

Author(s)	The Wall Street Journal editorial board
Source	The Wall Street Journal
Date	September 7, 2014
URL	http://online.wsj.com/articles/the-obamacare-escalator-1409957215
Quote	Health spending as a share of the economy rose to 17.2% in 2013 from 16.2% in 2007 and will hit 19.3% in 2023, assuming that GDP grows as smartly as the auditors project. In other words, health care will soak up nearly one of every five U.S. dollars instead of one of six. Taxpayers will finance 48% of that spending a decade out, up from 41% in 2007. Thank you, Peter Orszag.

Add or change this opinion item's references

This item argues for the position Act should not have been passed on the topic Patient Protection and Affordable Care Act.