STATEMENT BY ROBERT GREENSTEIN,
EXECUTIVE
DIRECTOR,
CENTER ON BUDGET AND POLICY PRIORITIES,
ON NEW CONGRESSIONAL SCHIP
AGREEMENT
Today’s agreement would extend health coverage to several million
low-income uninsured children, a major accomplishment. Contrary to White
House rhetoric, the bulk of the children who would gain coverage are poor
and near-poor children who are uninsured, not middle-income children with
private coverage.
The agreement represents an accomplishment in another respect as well —
its costs over the next five years are fully paid for. This represents a
sharp change from earlier bills that the President enthusiastically
supported — from the 2003 Medicare prescription drug bill to his tax cuts
— which were financed by massive amounts of deficit spending.
We are disappointed that the package does not include the courageous
Medicare reforms that the House passed, which reined in excessive payments
to private insurance companies and thereby extended the program’s
solvency, lowered Medicare premiums for most beneficiaries, and financed
needed improvements in Medicare, particularly for low-income elderly
beneficiaries. These reforms were a model of how to make tough but
compassionate choices and set appropriate priorities. The Senate needs to
step up to the plate and work with the House to enact such changes later
this year.
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The Center on Budget and Policy Priorities is a nonprofit, nonpartisan research organization and policy institute that conducts research and analysis on a range of government policies and programs. It is supported primarily by foundation grants. |