4 ms·
The money being 'saved' is a drop in the bucket in the federal budget. This is performative, a dog and pony show, and will be used to justify unfunded tax cuts
by mullingitover 2y ago
The money being 'saved' is a drop in the bucket in the federal budget. This is performative, a dog and pony show, and will be used to justify unfunded tax cuts that will drive up the deficit. It's the same Santa Claus policies we always see when these people are in power: all the promised fiscal discipline goes out the window and a giveaway to their donors ensues.
The only way to really drive down federal spending is to attack the source of the problem: the regulatory capture of government by the health care system. Medicare is the elephant in the room, and due to the regulatory capture the lobotomized government won't use its negotiating power to keep the costs in check. It's a massive wealth transfer from taxpayers to the health care system.