I believe the most important aspect of the CBO report is found in chapter 5, title ``Other Considerations.'' I commend this chapter of the report to my colleagues for their serious review. It highlights the extreme uncertainty of the CBO analysis. In that section of the report Reischauer points out, and rightly so, that the assumptions used in their analysis are questionable for a variety of reasons. The assumption that underlies his entire report is that the President's plan will be implemented in the timeframes proposed and work exactly as he predicts it will work. Is that assumption valid? The CBO report points out that of the five responsibilities the National Health Board must carry out, not one of them has ever been shouldered before by either Government or private sector organizations.
Editor's note · Context
The speaker discusses the findings of the CBO report on the Administration's health care proposal.
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