Substantial deficit reduction by unilateral executive decree was never a realistic outcome, given that Congress holds the power of the purse.
Cato Institute
The Cato Instituteis a public policy research organization dedicated to individual liberty, limited government, free markets, and peace.
Congress Must Cut and Reform Medicaid
Because of Medicaid’s matching grant system, states have no incentive to cut wasteful or fraudulent Medicaid outlays and every incentive to increase both.
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