Every entitlement program has been a fiscal disaster. With hindsight, it is easy to see that it was folly for Congress to abandon responsibility for budgeting fixed sums for such programs as retirement benefits and seniors’ health care, instead setting eligibility criteria that created open-ended liability on the part of the federal government–open-ended, that is, until the programs become patently unsustainable and must be reformed or repealed. Which is where we are today.
Of the major entitlement programs, Medicaid has gotten the least attention. Yet, in fiscal terms, it may be the most disastrous. Dan Mitchell of the Center for Freedom and Prosperity explains how Medicaid can be reformed:
Most Read on Power Line
- Why You Should Be Sympathetic Toward Cliven Bundy
- Today's IRS Documents: What Do They Show?
- Standoff at Bundy Ranch Ends, With Photo of the Year So Far
- The War On Standards Comes to College Debate [with comment by Paul]
- Is Scott Walker on his way to 2016 front-runner status?
- At Dartmouth, Phil Hanlon wants no enemies to the left
Subscribe to Power Line by Email
Find us on Facebook
“Arise and take our stand for freedom as in the olden time.” Winston Churchill
“Proclaim Liberty throughout All the land unto All the Inhabitants Thereof.” Inscription on the Liberty Bell