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    Morning Bell: The Heritage Pledge

    My fellow conservatives, The stakes couldn’t be higher for our nation at this moment. In the coming months, Americans will help choose which direction our nation’s future will take. Will the federal government continue to spend more, tax more, control more, and defend our liberties less? Or will we choose … More

    CLASS Act Repeal Should Be Taken Seriously

    Should Americans be forced into mandatory participation in a government-run long-term care Ponzi scheme? Or is a taxpayer bailout of another congressional misadventure a better idea? These may be the choices confronting a future Congress if the Community Living Assistance Services and Support (CLASS) Program is left intact. CLASS is … More

    Social Security: Waving the Bloody Shirt Will Delay Needed Reform

    Following the Civil War, the Republican Party won elections by characterizing their opponents as the party responsible for the conflict. These fear tactics carried the GOP to several successes over the course of about 20 years. This election strategy is still alive and well today. Now, it’s liberals who are “waving … More

    Morning Bell: The Age of Entitlements Must End

    The latest Democracy Corps poll, performed by Democratic pollsters Stan Greenberg, James Carville and Bob Shrum, shows that by a 64% – 29% margin, the American people believe that things in this country “have gotten pretty seriously off on the wrong track.” But nobody seems to have bothered to tell … More

    The Automatic IRA: A Conservative Way to Build Retirement Security

    With the introduction of new legislation to implement the Automatic IRA—a simple, low-cost retirement savings vehicle for employees of small businesses—the effort to enable many more Americans to use a payroll deduction to build retirement security moves to a more active phase. A new bill by Senator Jeff Bingaman (D–NM) … More

    It’s Official: Medicare’s Finances Shadowed by Uncertainty

    If you do a quick read of the Medicare Trustees Report, it would seem that Medicare’s finances have dramatically improved since last year. The 2010 report shows that Medicare has a $30.8 trillion shortfall (net present value terms of excess costs over revenues over the 75-year time horizon). Last year … More

    Trustees Report: Social Security and Medicare are Unsustainable

    The Social Security and Medicare Trustees today released their annual reports on the fiscal condition of the programs, and the situation for these programs is still dire. Although the programs’ fiscal health hasn’t worsened since last year, both programs are still on an unsustainable course. Most significantly, the programs are … More

    Once Again, the Social Security Trust Fund Has No Money in It

    Almost as soon as the 2010 Social Security trustees report comes out today, various groups will claim that the program is fiscally healthy because its trust fund won’t run out until sometime in the 2030s. Sadly, the reality is very different. The trust fund contains promises to pay—not real money. … More

    Morning Bell: It's About The Spending, Speaker

    Yesterday on ABC’s This Week, host Christiane Amanpour asked Speaker Nancy Pelosi (D-CA): “You are, by all accounts, one of the most — if not the most — powerful and successful speakers of — in the history of the United States. You’ve passed so much legislation. The President was elected … More

    Age is Not the Only Number for Social Security

    ?? Last week, Henry Aaron argued in this space that raising the retirement age to help Social Security’s solvency amounted to a cloaked benefit cut. He said it’s also unlikely to be much help in reducing the deficit. The way he frames the challenges facing the budget pretty much assure … More