Health Industry to Cut Costs

Justin Moriarty

According to MSNBC, the health industry is looking to cut health care costs 2 trillion dollars over the next decade. This is significant due to the recent news that Barack Obama is looking to commit $63 billion to improve health care worldwide. I really like to see that costs are getting cut to make health care cheaper but I don't know if spending this amount of money to help in world-wide health care is the right way to go. I would like to know how much money other countries are spending to support this cause. Money should be pumped into getting a better education system or helping families domestically who are having trouble during the recession.