Headlines
A Constructive First Step to Reform Social Security
Dave Camp (R–MI), chairman of the House Ways and Means Committee, has announced a series of hearings on bipartisan entitlement reform proposals, the first of which is using the chained Consumer Price Index (CPI) for Social Security. In advance of…
American Money: Getting the Most Out of Your Social Security Benefits
Recent discussions around Social Security cuts impact all elderly Americans, but figures show that elderly minority workers will be disproportionately affected. Sixty-five percent of whites rely on social security for a significant share of their income compared to nearly 75 percent…
Sequester relief? Cut entitlements, Republican leader McConnell says
Senate Republican Leader Mitch McConnell is offering a preview of what GOP demands could look like when Republicans and Democrats go to the mat over government spending this fall, telling National Review that “a place to talk” is entitlements reduction “on…
R. Bruce Josten: Federal leaders in denial as they stumble toward cliff
The writer is executive vice president for government affairs at the U.S. Chamber of Commerce. He wrote this essay for McClatchy-Tribune News Service. Any honest assessment of America’s entitlement programs recognizes that they’re headed for insolvency without modernization and reform. But…
Retiring baby boomers could drain Social Security fund
The droves of baby boomers leaving the workforce aren’t being replaced – at least not quickly enough to keep Social Security in the black. Since 2010, the two funds managed by the Social Security Administration – one for retirees, their dependents…
NAELA Celebrates 48th Anniversary of Medicare and Medicaid
When President Lyndon B. Johnson signed Medicare and Medicaid into law on July 30, 1965, he stated, “No longer will older Americans be denied the healing miracle of modern medicine. No longer will illness crush and destroy the savings they…
OMB says PortfolioStat’s impact measured by billions of dollars in savings
In just over a year, the PortfolioStat process has helped agencies save or avoid spending $885 million. Four agencies say that as of June 30 they’ve saved more than $100 million each, including $206 million at the Social Security Administration alone,…
To cut entitlements, US can look to one of Europe’s welfare states
One of America’s chief fiscal burdens is the mounting cost of entitlements (Social Security, Medicare, and Medicaid) – an obligation that will only grow larger as baby boomers age. In tackling this problem, the United States should look to what many might see…
Obama speeches renew budget debate as deadlines loom
(CNN) — The great budget battle of 2013 begins in earnest Wednesday with speeches by President Barack Obama that will emphasize his economic fairness message in the face of Republican demands for more sharp spending cuts. Confronting deep partisan divide over…
Planning Your Life After Retirement: A Guide for Federal Employees
A recent report from CNN stated that the United States government is about to face a large wave of retiring federal workers. About 30% of current federal employees will reach the eligible age for retirement in the next three years. But have…