Social Security

CATO Institute - Some Major Threats to Limited Government

Some of the major new threats to limited government in the United States are independent of who is elected to the White House and Congress this November.

An administration and Congress of either party is likely to approve a federal program of universal health insurance. Such a program was endorsed by most of the presidential candidates in both parties, was implemented by former Gov. Mitt Romney in Massachusetts, and has been promoted even by our friends at the Heritage Foundation — despite the prospect that it would substantially increase federal spending, the relative price of medical care, and both price controls and nonprice rationing of medical care.