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Retirees can’t catch a break with Social Security taxation stuck in the ’80s
Allow me to introduce a new economic indicator. It doesn’t come from a government agency. Nor is it the creation of a right- or left-leaning think tank. In a land of indexes and measures, there is so little attention to…
House Energy and Commerce Committee Hearing
Eliminating the Sustainable Growth Rate (SGR) under Medicare would constitute a major policy improvement. The SGR is widely recognized as a flawed policy; there is strong agreement that the limits it sets are too stringent and treat physicians unfairly. So…
Social Security’s Christmas present: Benefit cuts for millions of disabled workers
If you are one of the nearly 9 million Americans receiving Social Security disability benefits, you should be personally outraged by the terribly unfair action Social Security bureaucrats took on Dec. 23. What happened on that day? Read more… Notice:…
ObamaCare’s ‘Success’ Is One of Making Americans More Dependent on Government
During last night’s State of the Union speech, President Obama made one grandiose claim regarding ObamaCare: “And in the past year alone, about ten million uninsured Americans finally gained the security of health coverage.” The claim is based on an…
What Social Security Needs: Dependability
Social Security benefits are the major source of retirement income for most Americans. Washington should reform Social Security in 2015, so that older Americans can know what level of benefits they can depend on. They need this information to make…
New U.S. Senate budget chairman eyes on-time budget, balance in decade
New Senate Budget Committee Chairman Mike Enzi said on Thursday he intends to follow the lead of House Republicans with a Senate budget plan that balances within 10 years, but with more of the savings up front. Enzi, speaking to…
Boomers still have an edge over millennials
Amid the relentless news coverage about how unready Americans are for retirement, it can be easy to miss the bright spots. As Charley Ellis points out in his new book, Falling Short: The Coming Retirement Crisis and What to Do…
George F. Will: The mushrooming welfare state
America’s national character will have to be changed if progressives are going to implement their agenda. So, changing social norms is the progressive agenda. To understand how far this has advanced, and how difficult it will be to reverse the…
Americans Want to See Social Security and Medicare Reformed
According to a January 2015 NBC News/Wall Street Journal poll, 54% of surveyed Americans cited “Reforming Social Security and Medicare” as an absolute priority for the 114th Congress. The results of this poll, conducted by Hart Research Associates/Public Opinion Strategies,…
President’s cutesy speech omitted looming entitlement crisis
Unbelievable. President Obama, among the most divisive presidents in our recent history, gives an also divisive State of the Union speech, taking credit for things he did not do, producing a laundry list of mostly bad things he plans and…