The new health care bill

The new bill looks to become law after the House voted to pass the Senate version. I am working on part III of my 'Understanding the US health care debate' series, which will include the current politics and result.

In the meantime, here's a good post by Greg Mankiw. Don't mean to spoil the party, but always good to have someone reminding not too get too drunk after a party. The bottom line is every choice has its trade-off. The challenge for policy people is how to minimize the trade-off.