Health-Care Reform Essential to Fixing U.S. Budget, Tyson Says

White House adviser Laura D’Andrea Tyson, a professor of economics at the University of California- Berkeley, said “health-care reform is an essential part of solving our long-term fiscal problem.”

A federal judge in Richmond, Virginia, today ruled unconstitutional the Obama administration’s requirement that most citizens maintain minimum health coverage.

“I hope that that finding of the judge, which will be reviewed by higher courts, will be overturned,” Tyson said today in an interview on Bloomberg Radio’s “The Hays Advantage” with Kathleen Hays.

(In the U.S., hear Bloomberg Radio on satellite radio: Sirius Channel 130 and XM Channel 129. In New York City, tune to WBBR 1130 on the AM dial.)

To contact the reporters on this story: Vincent Del Giudice in Washington vdelgiudice@bloomberg.net; Kathleen Hays in New York Khays4@bloomberg.net.

To contact the editor responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.