Although today’s election will change the political landscape in Washington, unpleasant fiscal realities will remain: Rapidly rising medical costs, a Social Security system headed for insolvency, a deeply flawed tax system and federal debt that is on an unsustainable track.Will…
While this year’s high federal deficit is worrisome, far more troubling are the projections of large, unsustainable deficits even after the economy has fully recovered and U.S. military commitments abroad have been scaled back.But in a guest column in The…
Good news comes and goes rather quickly in the 2010 Medicare Trustees’ Report, says Concord Executive Director Bob Bixby. The report begins by saying that this year’s health reform bill substantially improved Medicare’s finances. But it also warns that future…
The President’s fiscal commission is dividing its work among three subgroups that will focus on taxes, discretionary spending, and mandatory spending for programs such as Social Security and Medicare.These working groups will meet on Wednesdays, on a rotating basis. The…