Corporate Teleconference: Affordable Care Act

Monday, July 2, 2012
Speakers
Peter R. Orszag
Adjunct Senior Fellow, Council on Foreign Relations
Barry Friedman
Jacob D. Fuchsberg Professor of Law, New York University School of Law
Presider
Gideon Rose
Editor, Foreign Affairs, and Peter G. Peterson Chair, Foreign Affairs

Former Office of Management and Budget (OMB) director Peter Orszag and NYU Law School Professor Barry Friedman discuss the future of the Affordable Care Act (ACA), how it will impact the country's health-care system, and why the Supreme Court ruled as it did.

While serving as OMB director last year, Dr. Orszag, now at Citigroup, argued in Foreign Affairs magazine that the ACA would repair the nation's health-care system and improve the country's fiscal situation: "In the end, there is no credible path to reducing the long-term fiscal imbalance in the United States other than directly addressing high-cost cases in health care. The best bet, then, is to implement and improve the provider-value provisions in the health legislation, not abandon them."

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