FROM THE
Unleash Prosperity Hotline

Now for Cutting the Budget

We are hopeful that more spending cuts are to come, now that we are in budget season.

House Budget Chairman Jodey Arrington did a fantastic job shepherding the One Big Beautiful Bill into law faster than almost everyone thought possible.  Now he wants a Round Two for real spending cuts:

“I think we will do one before the end of the year,” Arrington said. “It’s going to be a more targeted set of reforms.”

The budget chairman said he sees the follow-on legislation as a chance to secure Medicare spending cuts he sought but couldn’t win in the Trump tax and spending package. High among his goals, he said, is reducing reimbursements to hospitals through a site-neutral payment system that pays the same rate whether a procedure is done at a clinic or doctor’s office…

Arrington said that he will also seek to cut the federal reimbursement rate to states for healthy, able-bodied adults added to Medicaid under President Barack Obama’s Affordable Care Act.

That’s a great starting point. We would add some unfinished business on the tax side, too: a 15% corporate rate and inflation-indexing the basis for capital gains tax.

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