Recent News
Today, Americans for Prosperity (AFP) introduced the Agenda to End Budget Brinkmanship, a policy framework for congressional lawmakers to end the budget battles and fix the broken process causing Washington’s budget dysfunction.
Right now, many in Congress are hoping to expand government subsidies for health insurance, including major expansions of Medicaid and Affordable Care Act subsidies.
Some of these lawmakers argue that more spending is a good answer to inflation because the additional money will help make it easier for people to afford health care.
But that gets the problem exactly wrong.
Federal borrowing has reached the statutory debt limit, yet Treasury has another five or six months of “extraordinary measures” until the real deadline in June or July. The federal government must avoid default this year while ending the debt accumulation’s march toward slower growth, fiscal crisis, and global instability.
Tax-free health savings accounts save money, reduce medical inflation, and give patients more choice and control. Expanding access to HSAs is key to reducing medical inflation and giving Americans more personalized options in health care.
Failure to control spending and debt—over the last 15 years but especially during the pandemic—created today’s inflation crisis and broader economic turmoil. The good news is that Congress can fix this.
The escalating costs of higher education have pushed tens of millions of Americans to fall deep into debt before starting their careers. This troubling situation reflects decades of government policy errors that prioritized access over value but have undermined both. We need Congress to address the root causes.
The Social Security Trustees’ latest report on June 2 has bad news: Social Security’s Old Age and Survivors Insurance (OASI) trust fund is rapidly running out of money.
In short, instead of wasting trillions on a poorly conceived and dangerous “infrastructure” plan, we should give Americans a health care personal option.
