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House Health Care, Swine Flu and Emissions Trading in Europe

Daily Update

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House Health Care, Swine Flu and Emissions Trading in Europe

1. CONGRESS

House Speaker Nancy Pelosi unveils the Democrats’ proposal for health care legislation.

CEI Expert Available to Comment: Senior Fellow Gregory Conko on the prognosis for consumers:

“The House Democrats’ health care bill is a recipe for exploding costs, and it poses a genuine threat to patient care and long-term medical innovation.  The bill eliminates a substantial amount of consumer choice by dictating the benefits and prices for insurance policies, and it imposes billions of dollars worth of new taxes on the private sector.  Worse still, the only mechanisms that could reduce the annual rate of health care cost inflation would erect government barriers between patients and their doctors.”

 

2. HEALTH

President Obama declares a spread of swine flu a “national emergency.”

CEI Expert Available to Comment: Adjunct Analyst Michael Fumento on how the administration is overstating the threat:

“Swine flu cases in the last seven months, according to the CDC, equal about four days‘ worth of seasonal flu deaths during the season. There’s no medical emergency except that emergency facilities are swamped with the worried well and the mildly ill. Why? Because of the Obama administration’s first swine flu emergency declaration and the report from the President’s Council of Science and Technology Advisors predicting up to 90,000 deaths.”

 

3. ENVIRONMENT

The Taxpayers’ Alliance releases a study on the failure of emissions trading in Europe.

CEI Expert Available to Comment: Senior Fellow Iain Murray on the useful timing of its release:

“This report couldn’t have come at a more important time. The leadership in both houses of Congress are poised to ram through cap and trade restrictions which would slow the economy, stifle innovation and create an enormous burden on American families. Hopefully exposing the costly and wasteful consequences of such policies in Europe will drive home the threat they pose here in the U.S.”

 

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