"Private companies — and why the government fails — is that private companies are in search [of] profits, and it's ruthless. They cut costs, innovate and improve quality," he said. "Profit motivation is the fundamental ingredient that the government doesn't have. There's no pressure to cut costs in Congress because there's no incentive to."
"It just doesn't work with Congress, because they all believe in the spending. If you're on the Agriculture Committee, you believe in farm spending, [and if you're on the] Transportation Committee [you believe in] transportation," said Chris Edwards, the director of tax policy studies at the Cato Institute, a libertarian think tank.