October 9, 2009 6:14AM 

# Baucus Bill’s Spending Cuts Won’t Stick 

By [Michael F. Cannon](https://www.cato.org/people/michael-f-cannon) 

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Why? Just ask [Sen. Evan Bayh](http://www.nationaljournal.com/congressdaily/hca_20091009_3069.php) (D‑IN):

> You can sort of see this coming. The savings from the pharmaceutical companies and the insurance industry, you can kind of count on that because they’re not very popular.
> 
> 
> The hospitals are a different story. People, you know, like their hospitals; they tend to trust their hospitals. The hospitals have pledged big savings. I can easily forecast at some point in the not-too-distant future the hospitals coming in and saying, “You know what, this isn’t working exactly the way we expected. Please spare us from this,” and them getting a good hearing in \[Congress\].

The same thing goes for [physicians](http://www.cbo.gov/ftpdocs/75xx/doc7542/09-07-SGR-brief.pdf).

And [the pharmaceutical companies](http://www.nytimes.com/2006/07/18/business/18place.html).

And [the insurance industry](http://www.cmwf.org/usr_doc/Biles_costprivatizationextrapayMAplans_970_ib.pdf).

##### Related Tags 

[Health Care](https://www.cato.org/health-care) 

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