Financial news writers have borrowed from the world of medicine in explaining last week’s financial fallout. Turns out, the fallout from last week will likely have long-lasting health care policy implications, too.
An excerpt from The Health Care Blog: “the bailout will use up the fiscal margin for any subsidized solution to health reform. There will simply be no extra dollars in the federal budget for the uninsured for many years.”
Update: Here’s some more and why.