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    The Case for Medicare Reform in One Chart

    Last week’s release of the annual long-term budget outlook by the Congressional Budget Office (CBO) illustrates the need to control federal spending, and spending on health entitlements in particular. One chart from the report explains why the Medicare Part A trust fund could “be exhausted just beyond the coming decade,” … More

    Watch Out, 20-Somethings: How Obamacare Hits Young People

    Obamacare is going to be particularly rough for young adults in their 20s. “Insurance premiums are going to increase for a lot of consumers, but young adults are going to be hit the hardest,” explained Heritage expert Alyene Senger on “Fox and Friends.” She said that Obamacare will raise insurance … More

    Plan to Suspend Debt Limit Means Debt Would Rise to $17.8 Trillion

    Treasury Secretary Jack Lew announced a new debt ceiling deadline today, urging congressional lawmakers and the President to come to an agreement concerning the nation’s borrowing authority by October 17. Republicans are proposing a $1.1 trillion increase in the debt limit by suspending the cap through December 2014. The big … More

    Kathleen Sebelius's Scare Tactics on Obamacare

    Health and Human Services Secretary Kathleen Sebelius is already claiming that seniors would be adversely affected by House-passed legislation defunding Obamacare. Nothing could be further from the truth. Obamacare is the program inflicting harm on seniors—because, as Nancy Pelosi said, the law “took half a trillion dollars out of Medicare” … More

    Medicare Reform that Saves Seniors and Taxpayers Money

    America’s finances are in a mess, and Medicare is one of the main reasons. But the good news—just confirmed by the Congressional Budget Office—is that there’s a way to save money for Medicare patients and taxpayers. Our health care spending crisis is largely due to the structural deficiencies and demographic … More

    What You Need to Know About the Debt Limit

    The Congressional Budget Office just dropped a budget update on Washington, and it’s not good. The U.S. government is spending recklessly—and Obamacare is adding fuel to the fire. The new report comes at a crucial time, as negotiations over the debt limit are starting up again. Here are some basics … More

    Don’t Hit Snooze on the Debt

    The national debt is a few years away from an unprecedented peacetime explosion, according to the Congressional Budget Office (CBO). Without serious fiscal restraint, public debt will reach 80 percent of gross domestic product (GDP) in 2022 and then explode to 190 percent of GDP in 2038, around the time … More

    Health Care Spending Crisis Coming; Obamacare Adding Fuel to the Fire

    Today’s Congressional Budget Office (CBO) report reiterates the long-standing and obvious fact that there is a health care spending crisis approaching, resulting largely from the structurally flawed Medicare program and made significantly worse by Obamacare’s new unfunded entitlement spending. The key points: Medicare spending is unsustainable, but it’s even more … More

    CBO Long-Term Budget Outlook Shows Tax Hikes Unnecessary—Again

    The Congressional Budget Office (CBO) released its long-awaited long-term outlook on the budget today. As surely as the sun rises in the east, it shows there is no need to raise taxes. According to the CBO, federal tax revenues will reach 18.5 percent of gross domestic product (GDP) in 2023, … More

    CBO Report's Facts Speak Louder Than Obama's Spending and Debt Crisis Denial

    The release of today’s Congressional Budget Office (CBO) report on the long-term budget outlook sends one message loud and clear: The U.S. spending and debt crisis is only getting worse. U.S. public debt doubled since before the recession and stands at a 50-year high today. The American public has not … More