Verma’s Coronavirus Blunder Is Dangerous, Big Govt Mistake

Eventually, the US will have to confront the entitlements problem.

Anyone who has taken one of my economics courses or discussed politics generally with me knows that I firmly believe one of the most significant tests on Washington, D.C. politicos is whether they’re willing to reform the nation’s entitlements system.

With the annual budget deficit soaring, entitlement reform is critical.

At the start of the century, entitlement spending sat at around $2 trillion; it will soon approach $4 trillion and will eclipse $5 trillion in a matter of years. This massive budgetary line-item puts a significant, ever-increasing strain on the government’s coffers, leading to harmful forced discretionary spending cuts on everything from national security to infrastructure annually.

Unlike most of Washington, CMS Administrator Seema Verma seems to recognize the need to do something about this problem. Unfortunately, however, her proposed remedy is not only coming at the worst possible time; it also will bring the nation its biggest step towards Medicare for All since the passage of Obamacare.

Verma’s “solution” to the nation’s growing entitlement problem, the Medicaid Fiscal Accountability Regulation (MFAR), will prevent the states from funding their Medicaid…