Goodman and Saving: Budget Deal’s Trillion Dollar Surprise

The most significant federal entitlement reform in our lifetime was a little noticed provision that Democrats included in the Affordable Care Act. The provision was a cap on Medicare spending, similar to the cap Republicans proposed for Medicaid last summer.

Yet, in the recent bi-partisan budget agreement, Republicans in Congress agreed to completely undo the reform – recommitting the federal government to trillions of dollars of entitlement spending for which there are no dedicated future revenues. MORE