US EditionWant to Fix Medicaid? Look to Milton Friedman
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Want to Fix Medicaid? Look to Milton Friedman
The House of Representatives narrowly passed the One Big Beautiful Bill Act (HR 119) in dramatic fashion (215-214) last month. Most of the drama was on the Republican side. The House Freedom Caucus favored preserving the 2017 tax cuts but only if there were sufficient budget cuts to pay for it. A central sticking point was Medicaid, both in terms of rules and in terms of funding. In the end, the cuts were larger than almost anyone expected, $88…
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