Treadmills for shrimp and poetry in zoos. The AARP recently decried these examples of government spending as part of a recent TV campaign against Medicare and Social Security reform proposals. AARP says that in order to balance the budget, Congress should consider cutting funding for these types of programs, instead …
Sen. Orrin Hatch (R-UT), ranking member on the Senate Finance Committee, outlined a comprehensive plan for reforming Medicaid yesterday at Heritage. Medicaid is a program for low-income Americans, one of the big three entitlements. Hatch’s vision corresponds with the wishes of more than two dozen Republican governors, who wrote him …
Rep. Tom Graves (R-Ga.) — a self-described “pro-life, pro-gun constitutional conservative” — never expected to serve on the House Appropriations Committee. As he puts it, he didn’t come to Washington to be “a part of spending money.” Now, even though he serves on Appropriations, he still makes spending cuts his …
If lawmakers are serious about tackling out-of-control government spending, they have no choice but to tackle entitlements. Medicare, Medicaid, and Social Security are the three largest entitlement programs and together represent 40.2 percent of the President’s fiscal year (FY) 2012 budget. For the sake of comparison, total spending on national …
Medicare and Social Security are important retirement security programs for millions of Americans. But they are ticking time bombs with trillions in future unfunded obligations that will bankrupt America if they are not changed. Though awareness of this critical situation continues to grow, Americans remain reluctant to support reform, understandably …
The Patient Protection and Affordable Care Act (aka Obamacare) will impact every corner of the health care system, especially Medicare. Unfortunately, the new law speeds the program’s travel in the wrong direction by building upon existing problems and creating new ones. There’s a better way to restore Medicare, as Heritage’s …
Both liberals and conservatives agree that Social Security’s coming fiscal problems need to be addressed soon or they will only grow worse. A recent analysis for the Pew Charitable Trusts by Charles Blahous, one of the two public trustees of the Social Security and Medicare trust funds, and Robert Greenstein, …
The United States faces financial collapse due to out-of-control government spending, and entitlement programs have a lot to do with it. Washington has promised more than it could ever possibly deliver. Medicare in particular puts the government on the hook for $38 trillion in long-term unfunded liabilities, and reform to …
