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  • Who REINS in Washington Anyway?

    Congress rarely considers a bill that would change the way Washington works. But this is exactly what the Regulations from the Executive In Need of Scrutiny (REINS) Act would do. The REINS Act (H.R.10) would require Congress to approve all “major” regulations—those costing $100 million or more annually—before they take … More

    Congress Should Stop Subsidizing Warren Buffett's Health Care, Not Increase His Taxes

    Reports have surfaced that conservatives in Congress may propose further increasing income adjustment in Medicare to lessen the program’s insolvency. This is a great idea. While the left continues to argue for higher taxes for the likes of Warren Buffett to maintain the status quo of a costly, failing Medicare … More

    Junk the Medicare Physician Payment Formula

    In January 2012, Medicare physicians face a 27.4 percent cut in their payment for treating senior and disabled citizens. Congress, as it has routinely since 2003, is feverishly preparing legislation to stop its own goofy Medicare payment formula from going into effect. If they don’t succeed this year, seniors can … More

    Immediate Medicare Reforms Could Slash Nation's Debt

    When it comes to the super-committee’s duty to reform Medicare, you’ll likely to hear the same tired and unsuccessful methods for lowering Medicare’s soaring costs: raising taxes, manipulating payment formulas, or making even deeper payment cuts to doctors and hospitals. The best way to reform Medicare is transform it into … More

    What the Debt Deal Means for Medicare

    The congressional enactment of the Budget Control Act to increase the national debt limit was mostly a triumph of process, not substance. But substance cannot be avoided. The looming question is how this process will deal with the biggest entitlement challenge: Medicare. On Medicare, Congress has only two options: (1) … More

    Debt Ceiling Debate: Making Bad Health Policy Worse Doesn't Justify Budget Savings

    Red Alert! Conservatives in Congress and elsewhere should be warned: The Administration’s latest signal for “compromise” may end up as little more than an expansion of existing bad policy, rather than a serious effort to enact substantive reforms. And only substantive reforms can change the perverse incentives that plague giant … More

    DeMint Bill Expands Seniors’ Health Care Freedom

    Senator Jim DeMint (R–SC) and 12 of his Senate Republican colleagues recently introduced the Retirement Freedom Act. The bill would allow senior citizens to buy a better health plan than traditional Medicare, if they wish to do so, without having to give up their Social Security benefits. Today, if a … More

    Two Cheers for the Coburn–Lieberman Medicare Proposal

    Senators Tom Coburn (R–OK) and Joseph Lieberman (I–CT) unveiled a major Medicare proposal. Based on preliminary estimates provided by the Congressional Budget Office (CBO), the proposal would reduce total Medicare spending by more than $600 billion in the next 10 years and cut the program’s long-term (75-year) unfunded liability by … More

    Bye-Bye, Medicare! (As You Know It)

    The hot Washington Medicare debate centers on whether congressional Republicans will, in the language of the left, “End Medicare As We Know It.” But the dirty little secret on Capitol Hill is that Obamacare already ended the program as we know it. They don’t tell you that in those clever … More

    Medicare’s Deteriorating Financial Condition

    The just released 2011 Medicare trustees report does not contain any big surprises. Much of what the trustees say in this report they have said before: Medicare poses enormous challenges for patients and taxpayers alike, and its financial condition continues a downward slide. Some key findings: Medicare’s unfunded obligations increased … More