After several unsuccessful attempts this year, Republicans have one last chance to deliver on their seven-year old promise to repeal and replace ObamaCare. Legislation recently introduced by Senators Lindsey Graham, Bill Cassidy, Dean Heller and Ron Johnson eliminates some of ObamaCare’s most unpopular provisions and enacts reforms that will help to lower costs, expand choices, promote federal fiscal responsibility, and put power back in the hands of states and consumers.

Graham-Cassidy is not perfect, but it creates a competition of ideas and gives power back to states.

The United States faces a fiscal challenge unlike any in its history, driven entirely by spending on federal entitlement programs. The country is currently borrowing half a trillion dollars a year and is on pace to borrow a trillion dollars every year. Unless entitlement spending is restrained, every American will face higher taxes and lower standards of living.

The ardent pleas of Bernie Sanders won’t make a socialist system work.