On Wednesday, the House Budget Committee convened a hearing to explore the fiscal consequences of Obamacare. Lawmakers heard from Richard Foster, Chief Actuary at the Centers for Medicare and Medicaid Services (CMS); James Capretta, a fellow at the Ethics and Public Policy Center; and Dennis Smith, Secretary of the Wisconsin …
Economic realities are slapping states in the face as they come to terms with the fact that they can’t afford costly government programs amid declining revenues. Though many states are on a path toward economic ruin, some legislators in Missouri are taking heed and cutting spending. The Associated Press reports …