In his 5 August 2010 blog post, Paul Krugman writes Bending the Curve about the most recent Medicare Trustees Report projection that the recently-past Health Care Reform Bill will substantially lower the increase in Medicare spending as a percent of GDP over the next few decades.

Krugman says, “In other words, the Medicare actuaries believe that the cost-saving provisions in the Obama health reform will make a huge difference to the long-run budget outlook. Yes, it’s just a projection, and debatable like all projections. And it’s still not enough. But anyone who both claims to be worried about the long-run deficit and was opposed to health reform has some explaining to do. All the facts we have suggest that health reform was the biggest move toward fiscal responsibility in a long, long time.”

-RichardH