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 …
The House Budget Committee yesterday held a hearing, “Economic Recovery: Options and Challenges.” The headliner of the event, Federal Reserve Chairman Ben Bernanke, caused quite a stir with his near endorsement of a proposed second stimulus bill. However, others who spoke at the hearing, such as Rep. Paul Ryan (R-WI), …
There is no threat to our nation’s fiscal health greater than the coming deficits from unrestrained growth in Social Security, Medicare, and Medicaid. Already Social Security and Medicare consume 7.5% of our GDP. Unless changes are made that figure will jump to 13% by 2030. Bravely stepping in to offer …