It's important we move to a more consumer-oriented health care system.
More Quotes from Allan Hubbard:
People are very, very frustrated about the cost of health care.Allan Hubbard
This is an opportunity for people to have, as they say, more skin in the game.
Allan Hubbard
I'm concerned about the burden it's going to have for all Americans, but I'm confident that the Federal Reserve will not allow it to have an inflationary impact on the economy.
Allan Hubbard
The marketplace will take care of that. Once the product is available, the distribution system will respond quickly.
Allan Hubbard
One could argue 2 percent is more appropriate. But that actually changes over time, it's not fixed. If there's a consensus that it's appropriate that it is a lower rate, obviously we'd be open-minded to that.
Allan Hubbard
We're very concerned about it, especially concerned for lower-income Americans and small business people. This is not part of their budget.
Allan Hubbard
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