This is good news for Medicare and the American people. Raising the Medicare age was one of the worst policy ideas ever seriously discussed in recent years. It would raise premiums for millions of Americans across all age groups and increase the number uninsured seniors.
|By: Jon Walker Friday October 25, 2013 4:00 pm|
|By: DSWright Friday October 25, 2013 7:35 am|
Senate Majority Leader Harry Reid, speaking on Nevada Public Radio, let it be known that there is not going to be a “Grand Bargain”. While the Senate bill that ended the shutdown seemed to open the door for a deal that would cut Social Security and Medicare, Reid was adamant that was not going to be the case.
|By: joe shikspack Friday October 11, 2013 2:00 pm|
Greetings Circus fans! Welcome back to the Circus that, like rust, never sleeps. For the past couple of days the red clowns have separated into rival gang factions to fight out their final strategery. Watching clowns enter into public backbiting and recriminations is always amusing for the audience and the pie has been flying.
|By: DSWright Friday October 11, 2013 6:36 am|
Yesterday House Republican leaders met with President Obama at the White House to begin discussing a deal on raising the debt ceiling and ending the government shutdown. The initial proposal by Speaker Boehner to grant a six-week extension on US borrowing authority was rejected by Obama. Apparently the ‘Grand Bargain’ is back.
|By: DSWright Tuesday October 8, 2013 2:09 pm|
We are now in day 8 of the federal shutdown and it seems Americans are rapidly losing faith that the powers that be can turn the economy around. Confidence in the economy has deteriorated more in the past week than in any week since Lehman Brothers collapsed on Sept. 15, 2008.
|By: DSWright Thursday October 3, 2013 8:18 am|
The end result of the shutdown could be not only a victory for extortion tactics by the minority party, but also long lasting damage to the safety net with cuts to Social Security and Medicare. Speaker John Boehner is telling his Republican colleagues that negotiations are taking place behind the scenes on the so-called ‘Grand Bargain’.
|By: DSWright Friday September 6, 2013 8:41 am|
While pinning down an exact number is difficult, especially as the target list is expanding, there are some initial projections on the potential costs of President Obama’s attack on Syria. The Congressional Research Service analysis puts the cost as high as $12 billion for a year’s operation citing estimates by General Dempsey, chair of the Joint Chiefs of Staff.
|By: DSWright Monday August 26, 2013 10:30 am|
According to JP Morgan’s own financial disclosure the Too Big To Fail bank has decided to use its massive wealth and power to promote cuts to entitlement programs for current and future senior citizens. The group “Fix The Debt Coalition” received $500,00 from JP Morgan.
|By: masaccio Sunday June 23, 2013 11:00 am|
NYT commenters explain how to succeed in the American economy. Or not.
|By: Dean Baker Friday June 7, 2013 6:55 am|
It was the Social Security and Medicare trust funds that he wants to abolish. It would be the same thing — destroying large amounts of wealth, just different people involved.