I was on Fox Business' Kennedy to talk about the Senate Republicans' now-on-hold plans to reform Obamacare. The eponymous host started out by talking about an excellent letter from Sen. Rand Paul outlining the Kentucky Republican's opposition to his own colleagues' plan. Among other things, Paul objected to the plan's refundable tax credits, which he convincingly argues create a new entitlement. What is wrong with politicians that they will do anything but talk seriously about bring market forces and price signals into health care?
Watch above for our discussion. And click below to learn why the reforms being pushed by House and Senate Republicans represent not just a failure of nerve but a failure of vision about how best to actually "repeal and replace" Obamacare. The GOP currently runs the House, the Senate, and the White House. If they're not up to the task of creating a system that increases the quantity and quality of health care now, they never will be.
Read Reason's coverage of health-care reform here.