So writes the guy who's supposed to be writing heath-care reform. Confidence-inspiring, innit? But this question of, as Grassley so eloquently put it, "doRITE," is an interesting one. Insofar as there was anything new in Obama's speech, it was his full-throated advocacy of the Independent Medicare Advisory Council (IMAC) (formerly known as MedPAC). This really is a good idea. But it's an idea that probably makes Grassley mad.
The theory underlying IMAC is that Congress cannot do health-care reform, err, RITE. It is too captured by special interests and too baffled by technical arguments and too paralyzed by partisanship. Leaving the continual tweaks and hard decisions that will bend the curve over the long term up to Congress is a bit like asking JD Salinger to blog: It might happen occasionally, but it's not a safe bet. The IMAC proposal substantially removes Congress from the process. The letter that Peter Orszag sent to Nancy Pelosi explained how it would work:
This draft bill would establish an Independent Medicare Advisory Council (IMAC), which would have the authority to make recommendations to the President on annual Medicare payment rates as well as other reforms. Both the annual payment updates and the broader reforms would be prohibited from increasing the aggregate level of net Medicare expenditures. This proposed legislation would require the President to approve or disapprove each set of the IMAC’s recommendations as a package. If the President accepts the IMAC’s recommendations, Congress would then have 30 days to intervene with a joint resolution before the Secretary of Health and Human Services is authorized to implement them.
http://voices.washingtonpost.com/ezra-klein/2009/07/the_dull_reality_of_change.html