Corporate Teleconference: Affordable Care Act
Former Office of Management and Budget (OMB) director Peter Orszag and NYU Law School Professor Barry Friedman discuss the future of the Affordable Care Act (ACA), how it will impact the country's health-care system, and why the Supreme Court ruled as it did.
While serving as OMB director last year, Dr. Orszag, now at Citigroup, argued in Foreign Affairs magazine that the ACA would repair the nation's health-care system and improve the country's fiscal situation: "In the end, there is no credible path to reducing the long-term fiscal imbalance in the United States other than directly addressing high-cost cases in health care. The best bet, then, is to implement and improve the provider-value provisions in the health legislation, not abandon them."