Peter Orszag

Most of the $115 billion in newly reported discretionary spending represents existing healthcare reform spending, CBO clarifies

Most of the $115 billion in newly reported discretionary spending represents existing healthcare reform spending, CBO clarifies

The Congressional Budget Office on Wednesday released clarification of its analysis showing that $115 billion in discretionary spending will result from the healthcare reform law. Most of that spending is for existing programs, according to the CBO.

New Medicare payment board to play role in lowering deficit, Orszag says

New Medicare payment board to play role in lowering deficit, Orszag says

An Independent Payment Advisory Board (IPAB) established under the healthcare reform act will help to ensure the nation's future fiscal health, Office of Management and Budget Director Peter Orszag said Thursday.