April 2008

  • The Dartmouth health group released a new version of the Dartmouth Atlas of Health Care today, highlighting once again the substantial variation in costs per Medicare beneficiary across the United States -- and that the higher-cost areas and hospitals do not seem to generate better health outcomes, on average, than lower-cost ones. (On the basis of this evidence, the Dartmouth researchers suggest that health care spending could be reduced by roughly 30 percent without harming health outcomes.

  • CBO released a new monthly budget review on Friday, which contains data for the first half of fiscal year 2008. The budget deficit amounted to an estimated $310 billion, roughly $50 billion more than during the same period of fiscal year 2007. Corporate tax receipts are down 16 percent (or $24 billion) in the first half of fiscal 2008 relative to the year earlier; those receipts have declined in each of the past nine months.