On the recordSeptember 23, 1993
But we don't do that. In other words, keep in mind, I am not proposing to bring our cost level down to the level of Canada, much less Germany. What I am proposing is to slow the rate of increase, which if we don't slow it, by the end of the decade we'll be spending roughly 19 percent of our income on health care. Canada will be about 11, and everybody else will be under 10. And that is a huge economic disadvantage in a global economy. It also means a lot of workers just give up all their pay increases. We are not proposing to cut spending on health care. We're proposing to increase spending on health care quite briskly but not as much as we're going to if we don't change the system. Mr. Koppel. So fundamentally, the people in that poll are right. Those who think that they're going to end up paying more, they will.
Source
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