In the past few months, the Senate has made several attempts to extend the Medicaid bailout included in the stimulus package. States share the cost of Medicaid with the federal government, and because of the influx of new beneficiaries due to increased job loss, the federal government increased the portion …
“Pay-for-performance” medicine has gained popularity in recent years, and Obamacare makes it a reality for Medicare enrollees. But that’s not necessarily a good thing. Pay-for-performance allows third parties to pay physicians based on treatment outcomes. In theory, this sounds like a great way to encourage doctors to improve outcomes. But …
Still in the midst of a recession, the United States finds itself at a crossroads regarding which path will lead to economic growth and job creation. There are two choices: further government involvement and a stronger role for Washington—accompanied by higher taxes and heavier regulation—or the path of less government, …
The Internal Revenue Service (IRS) recently unearthed yet another undesirable side effect of Obamacare—one that will hit the taxman as well as business owners. The Taxpayer Advocate Service, “an independent organization within the IRS whose employees assist taxpayers,” reports that both the IRS and taxpayers will have trouble complying with …
Serious doubts surround President Obama’s National Commission on Fiscal Responsibility and Reform, which has been tasked to make recommendations to Congress to reduce the federal deficit. Many fear that the commission will recommend the creation of a value-added tax (VAT) or similar tax increases to pay for Washington’s reckless spending. …
Lawmakers in Washington are quick to talk the talk of fiscal reform these days. Solutions to the nation’s abysmal financial outlook are at the tip of everyone’s tongue, and even Democrats have conceded that maybe conservatives were right when pointing out that the United States doesn’t have a tax problem …
Exactly one hundred days ago today, President Obama signed the Patient Protection and Affordable Care Act into law. The President promised that the law would extend access to high quality care to the millions of uninsured Americans, while at the same reducing costs and overall health spending. Forget it. It’s …
The states are in Big Trouble. While Americans are fearful of record federal deficits, the states also are facing increased costs. Most of the exponential growth comes from increased Medicaid costs, and the taxpayers in the states are going to pay for it. A new Deloitte study gives predictions that …
