Douglas Holtz-Eakin is president of the American Action Forum, a conservative think tank in Washington, D.C. From 2003 to 2005 he served as director of the nonpartisan Congressional Budget Office, where he led efforts to develop cost estimates for federal legislation, including the 2003 Medicare Modernization Act. He was chief economist for the President’s Council of Economic Advisers under President George W. Bush.
He currently serves on the Financial Crisis Inquiry Commission, a ten-member commission that Congress established to investigate the causes of the financial crisis and the collapse of major financial institutions.
From 2007 until the 2008 election, Holtz-Eakin was director of domestic and economic policy for the presidential campaign of Arizona Republican Sen. John McCain. In that capacity, he helped shape McCain’s health reform proposals, which at the time included a plan to repeal the tax exclusion of health insurance and replace it with a system of fixed credits to help all Americans buy health insurance.
Holtz-Eakin earned his Ph.D. in economics from Princeton University. He has held academic appointments at Columbia and Princeton Universities and was Trustee Professor of Economics at the Maxwell School, Syracuse University. At the Maxwell School, he served as chair of the Department of Economics and associate director of the Center for Policy Research.
Recent Posts by Douglas Holtz-Eakin
If insurers are unable to forecast their overall cost exposure under a risk-adjustment regimen, they might limit their offerings, raise premiums to create a margin of financial protection, or avoid the market entirely.
The mistake policymakers have long made in debating Medicare (and Medicaid, though that’s a topic for another day) is that they talk about Medicare the same way they talk about Social Security. It’s understandable at some level, since these two programs are the country’s largest entitlement...
Critiquing The Medicare Part D Low-Income Drug Rebate Proposal: A Response To Richard Frank and Jack Hoadley
In a recent posting Richard Frank and Jack Hoadley argue in support of a proposal that would introduce Medicaid-style rebates into Medicare’s Part D drug program for the low-income subsidy population. The evidence argues against such a policy. At the outset, however, it is important to note...
The federal government’s unsustainable long-run fiscal picture has been outlined in successive versions of the Congressional Budget Office’s Long-Term Budget Outlook. The policy problem is that spending rises above any reasonable level of taxation for the indefinite future. As it currently...