When The Concord Coalition was founded in 1992, the national debt was on a sharp upward trajectory. Yet just five years later, Democratic President Bill Clinton signed legislation passed by a Republican Congress that implemented the first balanced budget in decades. By the time Clinton left the White House, the Congressional Budget Office was projecting a 10-year surplus of over $5 trillion and there was even discussion about whether the national debt could be paid off entirely.
Several high-profile, bipartisan health care reform plans have demonstrated in recent months that there is a developing consensus among fiscal and health care policy experts on the steps needed to move the country towards a less expensive, more effective and more patient-centered system.
The plans are the Bipartisan Policy Center’s Health Care Cost Initiative, the health care portion of the latest Simpson-Bowles recommendations, a plan from the Engleberg Center for Health Care Reform at Brookings, and a plan from the National Coalition on Health Care.