House Passed $500 Billion Doc Fix Boondoggle

Washington — Today, the Republican-controlled House passed a doc fix bill (H.R. 2), negotiated by Rep. John Boehner (R-OH) and Rep. Nancy Pelosi (D-CA) 15%, that will increase America’s national debt by roughly $500 billion over the next two decades.  Heritage Action released the following statement from chief executive officer Michael A. Needham:

“Members may have solved a parochial political problem with today’s vote but they have exacerbated the nation’s policy problems.  This deal increases spending in the near-term for promises of woefully inadequate long-term reductions — it sends a signal that deficit spending is back in style.  Liberals and lobbyists are hoping this is a pattern of things to come and conservatives in the House must ensure it is not.”

Related:
Moffit: Boehner-Pelosi Deal: Timid Changes Won’t Solve Medicare Woes
Capretta: An Unappealing ‘Doc Fix’
Levin: A Fix for the Doc Fix? I’d vote against it
NR Editors: In a Fix: A profligate, deficit-swelling deal
Antos: Bounce the “doc fix” — but don’t increase the deficit
Graham: Kick The Medicare Doc Fix Down The Road