In his Jimmy Carter-esque “New Foundation” speech Tuesday, President Barack Obama linked health care reform and deficit reduction claiming: “If we want to get serious about fiscal discipline … we will also have to get serious about entitlement reform. Make no mistake: health care reform is entitlement reform.” Problem is, …
A new study released today by the Lewin Group, one of the most well-respected health care consultancies in Washington, gives new estimates on “The Cost and Coverage Impacts of a Public Plan” like the one being considered by President Obama and the congressional leadership. The Lewin Group says that “If …
In the past 12 months the Bush Administration, the Obama Administration, and the Democrat controlled Congress have laid out $1.2 trillion in the name of stimulus, $700 billion for the Troubled Assets Relief Program, and over $400 billion for the Omnibus spending bill in debt on future generations of America. …
A Down Payment on Nationalization Trillion Dollars Down: In less than two months, the President has already budgeted nearly $1 TRILLION on his health care proposals—SCHIP, the stimulus, and now the budget. A Bottomless Well: President Obama’s FY 10 budget proposal offers a $634 billion “down payment” on health care …
While some politicians in Washington seem to have discovered the issue of “fiscal responsibility” yesterday, Rep. Paul Ryan (R-WI) has a long and courageous track record of tackling the long-term unfunded liabilities of Social Security, Medicare, and Medicaid. That is why Heritage Foundation President Ed Feulner is honored to introduce …
Liberal author Robert Kuttner doesn’t believe in the entitlement crisis. His argument – reflecting conventional far left thinking on the issue – goes something like this: Conservatives exaggerate the entitlement problem by using shady figures. Social Security is just fine, so don’t worry about it. Medicare is a problem, but …
Ahead of President Barack Obama’s “Fiscal Responsibility Summit” being held today, The Heritage Foundation hosted a panel last week titled: “Real Change or Pocket Change? The High Stakes of Entitlement Reform for Young Americans.” After the event, we asked attendees what they had learned: [youtube]http://www.youtube.com/watch?v=rDpq65A15ns&eurl=http://www.insideronline.org/blogarchive.cfm?blogid=9492C5C4-F3E0-C228-A4293F608A9D5281&feature=player_embedded[/youtube]
Maintaining and modernizing our armed forces doesn’t just protect America, it fulfills the Constitution’s mandate to “provide for the common defense.” Yet the defense budget appears to be one place where President Barack Obama and Congress are looking to offset massive new spending elsewhere – “stimulating” or otherwise. “The Pentagon …
Last week, after the Congressional Budget Office report showed that the pre-stimulus budget deficit would reach $1.2 trillion in FY 2009, President-elect Barack Obama reiterated his campaign promise to make Social Security and Medicare reform a “central part” of his efforts to control skyrocketing federal spending. Democrats on the Hill …
Responding to the sticker shock of the Congressional Budget Office’s projected record $1.2 trillion budget deficit, President-elect Barack Obama said: We will — we are working currently on our budget plans. We are beginning consultations with members of Congress around how we expect to approach the deficit. We expect that …
