John C. Goodman
Nan Hayworth on CNN: SOTU Speech was unifying
Nan Hayworth on Hardball: Trump is putting people back to work
Saving on CNBC: FED is holding 20% of federal debt
The Federal Reserve System is holding 20% of the federal government’s publicly held debt. It also is holding a lot of bank reserves. For every dollar of required reserves, banks have deposited $12 at the FED.
Goodman at Forbes: GOP Misses Opportunities with Children
One of the little-reported provisions in this week’s budget agreement was not short term at all. It was a 6-year extension of the Children’s Health Insurance Program (CHIP), without any major reform whatsoever. Here’s why that’s important.
Gorman in The Hill: Doctor Incentives Rx is Failing
The Medicare Payment Advisory Commission has voted to recommend scrapping the Merit-Based Incentive Payment System because it “cannot succeed.”
Fourth Quarter Report 2017
In 2017, the Goodman Institute took the lead in providing the intellectual basis for congressional efforts to reform the health care system and the tax system. While health care reform is temporarily stalled, tax reform was a significant achievement. This achievement could be undone, however, if we do not successfully defend it in this election year.
Gorman in Forbes: Will Tax Reform Kill People?
You know you are in the silly season when the charges against sensible tax reform become more and more outrageous. The silliest and most outrageous is based on this causal reasoning: The Republican tax measure repeals the Obamacare mandate, requiring people to purchase health insurance; without the mandate, fewer people will insure; and without insurance, more people will die.
Kotlikoff in The Hill: The U.S. is Broke
Under Social Security, Medicare, Medicaid and other entitlement programs, the US government has an unfunded liability of about $200 trillion. Add that to conventional measure of debt and our true debt to GDP ratio is 1,025%!
Top Econ Model Predicts Tax Cut Will Boost the Economy
Using a state-of-the-art model of international capital flows, economists are predicting the new tax reform legislation will give a jolt in the arm to the economy.