
Restoring the reality of a budget constraint in the health care plans of all patients and providers-not only in the Medicare program-is the most important issue of domestic social policy in the remainder of this century. There is no case for major new earmarked taxes to "fix" Medicare unless they are elements of an overall tax structure adequate to pay for the expenditures which our political process deems necessary.
Author(s): Henry J. Aaron
Volume 62, Issue 2
(pages 349–355)
Published in 1984