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But we saved everything 🙂.
David Ditch points to uncertainty around the actual effects on spending for programs such as Medicare and Medicaid.
He suggests these impacts will only be clear when FY 2026 spending figures are available and can be compared to expectations.
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Ditch has previously argued that annual budget balancing is not realistic during crises, suggesting instead a focus on medium-term fiscal balance with surpluses. In separate commentary, he has recommended reducing benefits for the top 10-20% of earners as an alternative to increasing taxes. His views indicate a preference for targeted policy adjustments over broad fiscal measures.