These consequences are just another reason regulations need to receive more careful consideration. By fast-tracking the health care law, Congress and the administration took the chance to put cash in some voters’ pockets right before a major election while postponing a poorly understood and opaque cost until later. This is how the political system too often works, and it rarely benefits those who are not on the campaign trail. Let the voter beware.
Jerry Ellig is a senior research fellow at the Mercatus Center at George Mason University. Christopher Conover is a Mercatus Center-affiliated senior scholar and a research scholar in the Center for Health Policy and Inequalities Research at Duke University.