The American people made it clear during the recent health care debate that they were leery of a public option. But included in the Patient Protection and Affordable Care Act (PPACA) passed by Congress is the CLASS Act, a public option of a different sort: a government-run long-term care entitlement. …
Yesterday, Sen. John Thune (R-SD) spoke at Heritage on the urgent need to rein in federal spending and reform the budget process. As Thune explained, there are 26 committees and subcommittees dedicated to spending, but not one to cutting spending. Afterward, he sat down with us for a short interview …
If you do a quick read of the Medicare Trustees Report, it would seem that Medicare’s finances have dramatically improved since last year. The 2010 report shows that Medicare has a $30.8 trillion shortfall (net present value terms of excess costs over revenues over the 75-year time horizon). Last year …
Google and Verizon, two of the leading antagonists in the long-running drama over FCC net neutrality regulation, may be about to call a truce. According to numerous media reports, the two firms have or will soon agree to a compromise framework for regulation, which would provide for a limited degree …
The Social Security and Medicare Trustees today released their annual reports on the fiscal condition of the programs, and the situation for these programs is still dire. Although the programs’ fiscal health hasn’t worsened since last year, both programs are still on an unsustainable course. Most significantly, the programs are …
