Strategies for Federal Spending Reform

This chapter explores potential strategies to manage and reduce federal spending, focusing on discretionary spending caps and reforms to entitlement programs like Medicare and Social Security. It highlights historical contexts, political challenges, and the proposed gradual changes necessary for sustainable budgetary reforms. The discussion extends to Medicaid funding complexities and the federal government's approach to negotiating prescription drug prices, emphasizing the need for efficient management and reform to alleviate financial burdens on Americans.