Medicare—on its current path—cannot be sustained. At a recent hearing held by the Senate Special Committee on Aging, Ranking Member Senator Bob Corker (R–TN) stressed the importance of Medicare reform. According to Corker, in 2011, “The U.S. spent $572 billion on Medicare, and spending is projected to increase to $1 …
Inefficient programs that don’t solve problems and are passed against the will of the American people seem to be the Obama Administration’s forte. Now their high-minded aspirations of a health care revolution are quickly unraveling as fatal glitches in Obamacare become apparent. Next up for implosion? The Community Living Assistance Services …
Driving the conversation: President Obama released his deficit reduction plan on Monday, which would reduce the national debt by $3 trillion over ten years through a variety of tax hikes, superficial cuts to Medicare and Medicaid, and by incorporating savings gleaned from drawing down America’s military presence in the Middle …
Last week’s presidential debate at the Reagan Library elevated Social Security as a national issue that could reshape the 2012 campaign. Candidates spent the week trading blows about the role of the 76-year-old social insurance program. Leaving aside the political rhetoric, one thing is certain: Social Security needs to be …
Social Security took center stage at last night’s Republican presidential debate, emerging as a key issue among candidates at the Ronald Reagan Presidential Library in California. Not since President Bush’s ill-fated attempt to reform the social insurance program in 2005 have Republicans talked this much about Social Security. Of course, …
Fifteen years ago today, after lengthy battles between a Republican-led Congress and a Democratic White House, President Bill Clinton signed into law the 1996 Personal Responsibility and Work Opportunity Reconciliation Act, otherwise known as welfare reform. Among other changes, the act inserted work requirements and time limits into the nation’s …
Consider it a warning from the highest levels of the U.S. government. Yesterday, Secretary of State Hillary Clinton and Secretary of Defense Leon Panetta held a joint press event in Washington in which they cautioned that U.S. debt is jeopardizing America’s ability to ensure national security and preserve its interests abroad. Under the Budget …
