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    Chart of the Week: Tax Revenues Devoured by Entitlements

    The looming unsustainability of the big three entitlement spending programs—Medicare, Medicaid, and Social Security—is not inevitable, but in order to avoid the catastrophic effects of consuming every bit of tax revenue in just one generation, reform is a necessity. Take a look at Medicare, the largest portion of the projected … More

    Debunking Medicare Reform Myths

    In a recent paper, Heritage expert Bob Moffit responds to the critics of the premium-support model for Medicare. This type of reform would give seniors a defined government contribution toward the cost of a Medicare plan of their choice. All plans would compete against each other to deliver market-based prices … More

    Morning Bell: Bringing Medicaid into the Debate

    Medicare is an emotionally charged program because it provides health insurance coverage for the elderly. But Medicaid covers America’s poor and disabled—and no one wants to see them harmed, either. However, like Medicare, Medicaid is also in desperate need of reform if it is to continue serving the people it … More

    Morning Bell: Facing the Medicare Debate Head-On

    Quick quiz: Who said this about Medicare? “With an aging population and rising health care costs, we are spending too fast to sustain the program. And if we don’t gradually reform the system while protecting current beneficiaries, it won’t be there when future retirees need it. We have to reform … More

    Medicare Reform: Premium Support Is Bipartisan

    The House Ways and Means Subcommittee on Health held a hearing last Friday to discuss the bipartisan effort behind competing premium support plans. These plans would restructure traditional Medicare and guarantee its fiscal stability in the future. As Chairman Wally Herger (R–CA) said: Unless Congress acts, the Medicare program that … More

    Medicare Rationing and Obama’s Unelected Board of Bureaucrats

    Earlier this week, the House Energy and Commerce Health Subcommittee moved legislation forward that would repeal one of the most intrusive and unpopular parts of Obamacare: the Independent Payment Advisory Board (IPAB). A board of unelected government officials tasked with finding and implementing ways to control Medicare spending from the … More

    Medicare Needs the Life Support of Premium Support

    Medicare reform is coming soon; it has to if the program is going to survive. As budget expert J. D. Foster writes, “Medicare reform is inevitable because its demands on the federal budget are unsustainable.” The Congressional Budget Office projects that by 2022, Medicare spending will exceed $1 trillion—almost 90 … More

    PODCAST: How Obamacare Will Change the Face of Medicare

    In this week’s Heritage in Focus, expert Bob Moffit discusses how Obamacare ends Medicare as we know it. Click here to listen. How does the health reform law break up traditional Medicare? What’s a better way to fix Medicare? And how much could we save by bringing free market reforms to … More

    Republican Presidential Candidates Embrace Medicare Premium Support

    Earlier this week in New Hampshire, Republican presidential candidates touted the benefits of a Medicare premium support system — the approach to entitlement reform embraced by House Budget Chairman Paul Ryan (R-WI) and The Heritage Foundation. Ryan’s recent partnership with Sen. Ron Wyden (D-OR) helped thrust the idea of premium … More

    Chart of the Week: Medicare Spending Is the Largest Driver of Future Deficits

    Medicare is in dire need of reform. This week’s chart illustrates why the entitlement program is the largest driver of long-term runaway deficits. With the country’s population aging and increasingly dependent on health care, Medicare’s cost to taxpayers is projected to rise from $522.8 billion in 2010 to $932 billion … More