Deficit reduction is in vogue right now thanks to the recent efforts of the National Commission on Fiscal Responsibility and Reform, but Representative Paul Ryan’s (R–WI) “Roadmap for America’s Future Act” started it all as the first proposal to offer comprehensive solutions to the nation’s pending fiscal crisis, balancing the …
The Bipartisan Policy Center’s (BPC) Debt Reduction Task Force – a highly diverse group of private individuals – has laid out a comprehensive approach to closing the deficit and slowing the rise in national debt. They do this through a combination of spending reductions, many though not all of which …
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 …
Lawmakers in Washington are quick to talk the talk of fiscal reform these days. Solutions to the nation’s abysmal financial outlook are at the tip of everyone’s tongue, and even Democrats have conceded that maybe conservatives were right when pointing out that the United States doesn’t have a tax problem …
Rep. Paul Ryan (R-WI) recently introduced the “Roadmap for America’s Future”, a plan to reduce federal spending, pay off the national debt, and ensure future American prosperity. The Roadmap would create long-term fiscal solvency in the three federal entitlement programs—Medicare, Medicaid, and Social Security—which otherwise promise to drive the nation …
During his State of the Union Address, Obama said that if “anyone from either party has a better approach that will bring down premiums, bring down the deficit, cover the uninsured, strengthen Medicare for seniors, and stop insurance company abuses, let me know.” Earlier that day, Representative Paul Ryan (R-WI) …
