The year is 1791 and the newly formed United States of America is five years old and President George Washington and Alexander Hamilton have just created the first national bank to house the central funds. This gave the country a dependable place to handle the revenue for the country as a whole. Now that the country has a bank in which to put the money in, they must now decide how to split and distribute the money. The actual conception of an effective budget did not manifest until multiple catastrophes which included the bank wars in 1833 by Andrew Jackson and also the 1974 Congressional Budget and Impoundment Control Act which deals with Richard Nixon. The nation’s law makers were now ready to take action and created standing committees inside of congress which would aid in the manifestation and protection of the budget. Now with the nation’s finances under control, the lawmakers were now charged with a more daunting task, how much money goes where? The modern day application of this conflict is abundant in the legislation on health care. This issue has arisen from multiple bills and legislation in which call for a universal system in which the United States will use a replica system of that in Canada. The national budget is 3.9 trillion which include a mandatory spending, interest on federal debt, and discretionary spending sections. The mandatory spending sections are the bills that are taken out without approval from the president, congress, or courts they are mandatory. The interest on the federal debt is what it says; these are the payments on the national debt interest. The discretionary spending is the section that everyone hears about which includes the defense, educational, and healthcare budgets. “Three health insura... ... middle of paper ... ...and watch the people pay, suffers, and then receive subpar healthcare. Works Cited "Canadian Healthcare Spending to Hit Record High in 2013-2014." Healthcare Finance News. Ed. Richard Pizzi. Healthcare Finance News., 3 Apr. 2013. Web. 20 May 2014. Cohn, Emily. "Obamacare Could Cause Longer Wait Times At ERs, Doctors Say." The Huffington Post. TheHuffingtonPost.com, 16 Jan. 2014. Web. 22 May 2014. O'neill, Lucas. "With an Assist from Parker, 'Benji' Debuts." ESPN. ESPN Internet Ventures, 25 Apr. 2012. Web. 21 May 2014. Smith, Lisa. "Center on Budget and Policy Priorities." Policy Basics: Where Do Our Federal Tax Dollars Go? —. Center for Budget and Policy Priorities, 31 Mar. 2014. Web. 20 May 2014. Varney, Sarah. "KHN: Kaiser Health News." Emergency Rooms Are Front Line For Enrolling New Obamacare Customers. Kaiser Health Care, 14 Jan. 2014. Web. 22 May 2014.
Pithoven, A. A. (2009). Why U.S. health care expenditure and ranking on health care indicators are so different from Canada’s. International Journal of Health Care Finance & Economics, 9(1), 1-24. doi:10.1007/s10754-008-9044-0
This statement only says that the power has been designated to Congress. It does not stipulate how to use this power nor does it give instructions for the budgeting process. Even as the role of government continued to expand, there was still no procedure for drafting and implementing a budget. It became clear that this lack of protocol hindered Congress’s ability to govern the budget. As a result, Congress forged its own budget process. Congress has passed many acts and amendments, but to no avail because the process still lacks a stable and lasting way of budgeting. Government budgeting has changed, in that, there is a formal process in place now, but it is no more effective than when there was none because the changes made by law were aimed more at gaining and/or reclaiming power and not real budgeting.
During the study of various reforms that were proposed and denied, both the GOP and Democrats attempted to find a balance that would guarantee the success of their proposals. Years of research, growing ideologies, political views and disregard for the country's constitution sparked an array of alternatives to solve the country's healthcare spending. The expenditure of US healthcare dollars was mostly due to hospital reimbursements, which constitute to 30% (Longest & Darr, 2008). During the research for alternatives, the gr...
What is the national debt? National debt is how much money the nation owes to states, foreign countries, and any other “creditors who hold US debt instruments” (National Debt vs. National Deficit). The national debt is different from the national deficit, or budget deficit, which is the difference between the amount of money the United States makes and how much it spends on a yearly basis. The budget deficit makes up a significant portion of the national debt .
The Consequences Of Obamacare [Electronic Resource] : Impact On Medicaid And State Health Care Reform : Hearing Before The Committee On Energy And Commerce, House Of Representatives, One Hundred Twelfth Congress, First Session, March 1, 2011. n.p.: Washington : U.S. G.P.O., 2011., 2011. Louisiana State University. Web. 18 Apr. 2014.
Research holds that major precipitating factors of longer WT are overcrowding defined by Paul, Reddy & De Flitch (2010) as a serious threat to healthcare system that has reached the crisis proportions in the United State...
Gross, Grant. "HealthCare.gov's Problems: What We Know so Far." PCWorld. PCWorld, 7 Nov. 2013. Web. 24 Nov. 2013.
The negative aspects of health care show us the many different issues brought up today. One of the biggest issues of Medicare is the extended wait times. This is because of the people who consistently take advantage of the health care system by going to hospitals for issues that could be treated by a doctor in a medical clinic (Ireland, 2013).
In recent years, the number of Americans who are uninsured has reached over 45 million citizens, with millions more who only have the very basic of insurance, effectively under insured. With the growing budget cuts to medicaid and the decreasing amount of employers cutting back on their health insurance options, more and more americans are put into positions with poor health care or no access to it at all. At the heart of the issue stems two roots, one concerning the morality of universal health care and the other concerning the economic effects. Many believe that health care reform at a national level is impossible or impractical, and so for too long now our citizens have stood by as our flawed health-care system has transformed into an unfixable mess. The good that universal healthcare would bring to our nation far outweighs the bad, however, so, sooner rather than later, it is important for us to strive towards a society where all people have access to healthcare.
Reese, Philip. Public Agenda Foundation. The Health Care Crisis: Containing Costs, Expanding Coverage. New York: McGraw, 2002.
Jeffrey B. English, M.D. "2011: Health Insurance Increases, Obamacare Responsible." Basil & Spice 14 Sept. 2010: Newspaper Source Plus. Web. 25 Mar. 2012.
Congressional Budget Office (2007). The long term outlook for health care spending. Retrieved from http://www.cbo.gov/ftpdocs/87xx/doc8758/MainText.3.1.shtml#1077141
The Affordable Care Act was signed into law almost three years ago. The aftereffects are still being felt when the law has not even taken full effect as of now (Affordable). The federal government’s healthcare exchange site had problems even before it was set to be open to the public. It took weeks to get the issues resolved. The whole Affordable Care Act comes with a five billion dollar price tag. The goal was to cover three hundred and seventy five thousand uninsured Americans, now only forty five thousand have signed...
Kimbuende, E., Ranji, U., Lundy, J., & Salganicoff, A. (2010). U.S. health care costs. Retrieved from Kaiser EDU website: http://www.kaiseredu.org/Issue-Modules/US-Health-Care-Costs/Background-Brief.aspx
Www.huffingtonpost.com/ (2013, October 3). Why U.S. Health Care Is Obscenely Expensive, In 12 Charts. Retrieved February 8, 2014, from http://www.huffingtonpost.com/2013/10/03/health-care-costs-_n_3998425.html?utm_hp_ref=affordable-care-act