Critics charge that the United States has the most expensive health care in the world and the worst results.
Don’t believe it.
Critics charge that the United States has the most expensive health care in the world and the worst results.
Don’t believe it.
Amount of the theft: An average income widow can lose a quarter of a million dollars!
High crimes and misdemeanors are, of course, necessary for impeaching the president. But what exactly constitutes high crimes and misdemeanors?
The most significant federal entitlement reform in our lifetime was a little noticed provision that Democrats included in the Affordable Care Act. The provision was a cap on Medicare spending, similar to the cap Republicans proposed for Medicaid last summer.
The biggest economies by the end of the century would be sub-Saharan Africa, followed by the India, followed by the Middle East, followed by China.
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.
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.
The Medicare Payment Advisory Commission has voted to recommend scrapping the Merit-Based Incentive Payment System because it “cannot succeed.”
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.
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%!