Not so empty!

Yesterday in a post titled "Empty promises", I noted the CBO's assessment that the latest Democratic health proposals do not bend the federal health-care cost curve downward, and that Obama had promised otherwise. I wondered where his veto threat was.

Well, voila!

In remarks today, President Obama warned Congress he wouldn't sign a health care reform bill into law unless it [bends the] health care cost curve downward

Good news. Not so good if it means counterbalancing the costs of expanded coverage by crowding out innovation with Medicare-like price controls, but at least good from a fiscal-only standpoint--and in that he's keeping the promise, of course.