Douglas Holtz-Eakin, the co-author of this article, is President of the American Action Forum.
Mr. Holtz-Eakin, a free-market-leaning economist, argues that immigrants should be viewed as long-term investments.
"The original plan relied on lenders taking the hit, " Holtz-Eakin said on the conference call.
Holtz-Eakin estimates that the rebate scheme will force Part D premiums up by as much as 40 percent.
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"It will be an issue for the next president, " Holtz-Eakin says of the market worries surrounding Fannie and Freddie.
"This has been a unified approach, rather than a divisive approach, " says Douglas Holtz-Eakin, the president of the American Action Forum.
In his own blog, Chuck argues that the Holtz-Eakin model is a fiscal trap that would increase both deficits and income inequality.
Most likely, a long discussion on what Holtz-Eakin describes as the mortgage buyers' "enormous mission drifts, " and perhaps serious talk about privatizing them.
Holtz-Eakin, a former director of the Congressional Budget Office, admits the plan is "not exactly revenue-neutral, " but he believes it will create economic growth.
Former CBO director Douglas Holtz-Eakin figures that the premium tax will add 3 percent to the cost of family coverage over the next decade.
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Earlier this week, Douglas Holtz-Eakin, senior policy adviser to Arizona Sen.
McCain senior policy adviser Doug Holtz-Eakin said earlier this week that the system for investment banks would be much like the system in place for commercial banks.
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That is despite praise across party lines for the excellent Doug Holtz-Eakin, Mr McCain's most prominent economic adviser and a former head of the Congressional Budget Office.
Former Congressional Budget Office director Douglas Holtz-Eakin recently projected that 35 million Americans might lose employer coverage as a result of the health law and enter the exchanges.
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The following are excerpts of our interview with Douglas Holtz-Eakin.
Mr. Holtz-Eakin modestly refers to his numbers as "ballpark" estimates.
Former CBO Director Douglas Holtz-Eakin estimated in a study for the American Action Forum that more than 40 million workers would lose their employer coverage due to these perverse incentives.
Holtz-Eakin won't say whether McCain thinks a second economic stimulus plan is needed, but he talked in detail about several other aspects of the senator's economic plan, including his tax proposal.
Mr. Holtz-Eakin also said that a Resolution Trust Corp.
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Mr. Holtz-Eakin believes the combination of more immigrants with a tilt in immigration visas away from extended-family unification and in favor of those with greater skills or education would spur faster growth.
Mr McCain has never been particularly interested in economics, but, unlike Mr Obama, he has made little effort to catch up or to bring in good advisers (Doug Holtz-Eakin being the impressive exception).
Holtz-Eakin said the plan would also encourage insurers and health care providers to deliver better health and disease management as well as more preventive medicine such as anti-smoking programs, which he said would further reduce costs.
On Wednesday, the American Action Forum is bringing together two former Supreme Court clerks and the Governor of Utah, Gary Herbert, to discuss the case along with Karen Harned of the National Federation of Independent Business and Doug Holtz-Eakin.
But the more important rebuttal is contained in a new study be Douglas Holtz-Eakin, former director of the Congressional Budget Office and now president of the American Action Forum, who finds substantial and "underappreciated" fiscal and economic benefits from more immigration.
As Douglas Holtz-Eakin and Cameron Smith have estimated, in a now outdated paper from 2010, given the growing estimates coming out of CBO, upwards of an additional 38 million individuals could access subsidies because it makes financial sense for companies to dump.
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