This is the Cato Daily Podcast for Tuesday, March 23rd, 2010.

I'm Caleb Brown.

The price of Obama-style health care reform has yet to be paid, both politically and with real dollars. So what are the costs and

how can taxpayers avoid them? Michael Cannon, director of health policy studies at the

Cato Institute described on Capitol Hill yesterday what may happen in the next four years

before many of those provisions kick in.

I wanted to start by congratulating those to whom this day means so much.

I think this debate has been marked by considerable

rancor on both sides. And those of us who are disappointed by the outcome I

think need to take a deep breath and reach out to our opponents, congratulate them, and each side needs to remind,

it needs to remember that its opponents are good people who come to this debate with good intentions.

Now of course we who oppose this legislation believe that

the bad news far outweighs the good. But we should be clear-eyed about both the good news

and the bad news.

The good news is the Obama Health Plan would provide medical care to many Americans who would otherwise be unable to purchase it.

It would do that.

The bad news, well the bad part of the bad news is that the

Obama health plan would inhibit our ability to meet the basic human needs of an

even greater number of Americans. It would deny needed medical care to millions even as it causes

health care costs to rise. It would sap individual initiative, destroy jobs, trap the poor

and poverty independence, innovation and politicized

matters that should not be politicized and on the whole I think when you look at

...