The threat of mandatory sanctions immediately once that legislation passes sends a very, very powerful message to financial institutions.

Medicaid's growth rate is not on a sustainable path.

Medicaid was then less than 6 percent of the Federal budget; now it is 10 percent.

The Graham-Cassidy-Heller-Johnson bill and previous Republican bills are not the first attempt to restructure Medicaid.

if you get the incentives right, you will have more growth, and if you have more growth, you can generate more revenue

I do not think we should do that.

A lower rate also will encourage economic activity in a way that can be scored dynamically.

I thought Senator Toomey did a very good job of delineating the importance of, from a competitive perspective, how lower rates equal a better competitive position against folks in other countries.

The key point here is, by lowering the cost of capital, you are improving the opportunities for businesses to invest.

It would be nice if we could move on, sir.

I appreciate your skepticism.

Yes. Cash method accounting tends to be simpler, like you said, and it does provide a lot of incentive.