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    Legalization Won’t Save Social Security

    Kiplinger has a post up today discussing the most recent attempt to paint an amnesty as an economic stimulus. This time the focus is on Social Security. Mark Willen argues that somehow this almost broke system would be saved if only we would bring the 11 million illegal immigrants here … More

    Social Security: Can't We Wait Until 2037 to Solve That Problem?

    No. Heritage fellow David John explains: Is the Important Year to Consider 2037, 2016, or 2009? The year when Social Security begins to spend more than it takes in, 2016, is by far the most important year. From that point on, Social Security will require large and growing amounts of … More

    Morning Bell: The Recession Did Not Create Our Entitlement Crisis

    Reuters reports: Recession Hurts Medicare and Social Security. The New York Times blares: Recession Drains Social Security and Medicare. And CNN follows suit: Recession Hits Social Security Hard. This spin all comes out of the Social Security and Medicare Boards of Trustees annual report which is signed by Obama Treasury … More

    Sayonara Social Security Surpluses

    The federal budget deficit is set to quadruple in 2009 to $1.75 trillion and President Barack Obama’s budget will add another $4.9 trillion in public debt from the beginning of 2010 through 2016. But our fiscal future is in even worse shape than that. As PBS’s Nightly Business Report noted … More

    Heritage at CPAC

    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 … More

    Confronting the Entitlement Crisis Deniers

    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 … More

    What You Should Know About "Fiscal Responsibility"

    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]

    Retiring Boomers: Where the Bucks Are

    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 … More

    Entitlement Reform? A 'Must Do' for Obama

    After making news earlier this week for promising to make Social Security and Medicare reform a “central part” of his plan to curtail federal spending, President-elect Obama has pledged to hold a “fiscal responsibility” summit focusing on entitlement reform. Although the devil is in the details, facing up to the … More

    Making Entitlement Reform a "Central Part" of Deficit Reduction

    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 … More