JUNK SCIENCE AND CONGRESS: A firsthand account from Todd Zywicki:

The study’s central findings were that 54½ percent of all bankruptcies have a “medical cause” and 46.2 percent of all bankruptcies have a “major medical cause.” Even if this were true, bankruptcy law already provides adequate safeguards for the special problems posed by medical bankruptcies, as one of us (Mr. Zywicki) testified at the hearing. But it is not true. And the only way to make such a claim is to gerrymander the definition of medical bankruptcies to generate the desired results — true junk social science.

For example, the study classifies uncontrolled gambling, drug or alcohol addiction, and the birth or adoption of a child as “a medical cause.” There are indeed situations in which a researcher may legitimately classify those conditions as “medical,” but a study used to prove Americans are going bankrupt as a result of crushing medical debt is not one of them.

A father who has gambled away his family’s mortgage payment is not the victim of crushing medical bills.

Read the whole thing.

UPDATE: A response from Elizabeth Warren.