The Graham-Cassidy-Heller-Johnson bill and previous Republican bills are not the first attempt to restructure Medicaid.
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.
A lower rate also will encourage economic activity in a way that can be scored dynamically.
I do not think we should do that.
if you get the incentives right, you will have more growth, and if you have more growth, you can generate more revenue
I thought Senator Toomey did a very good job of delineating the importance of, from a competitive perspective, how lower rates equal a bette...
Yes. Cash method accounting tends to be simpler, like you said, and it does provide a lot of incentive.
It would be nice if we could move on, sir.
The key point here is, by lowering the cost of capital, you are improving the opportunities for businesses to invest.
I appreciate your skepticism.