Some Inconvenient Truths About Medicare and the New 'Public Plan'
The fundamental problem with health care reform is the absence of realistic plans to reduce unit costs. Without cost controls , tens of millions of newly-insured people will further cripple U.S. global competitiveness, which is already grievously injured because the U.S. spends roughly 70 percent more on health care, as a percentage of GDP, than other developed nations, yet cannot point to commensurate 70 percent increases in value.
Source: heritage.org