To Fix U.S. Budget, Reform Medical Malpractice Law
The rapidly approaching budget sequester imposes too much austerity too soon, and actually makes little headway in improving the nation's long-term fiscal picture, writes CFR Adjunct Senior Fellow Peter Orszag.
"Far more beneficial would be to make sure that the deceleration in health costs we have been enjoying continues. This is why medical-malpractice reform, although far from a panacea, is worth trying," he says.