The Nine Cardinal Sins of the SCHIP Health Care Subsidy

Michael Cannon lists the nine cardinal sins of the federal SCHIP health care program, whose exploding costs led President Bush to veto a bill expanding the program.

In addition to its perverse incentives, and subsidies for those who already have health care coverage, the SCHIP bill has a lot of additional flaws, such as its hidden price tag, violations of Congressional budget rules, and contributions to federal deficits, and its regressive impact on poor consumers and workers.