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In a 6-3 decision, the Supreme Court last week ruled that the Affordable Care Act (ACA) allows government subsidies for individuals who purchase health insurance on federal exchanges in states that don’t set up their own exchanges. Opponents of the…


President Obama and Congress may have put fiscal sustainability on the back burner, but the Government Accountability Office (GAO) has not. In its annual update of the federal government’s long-term fiscal outlook, released last week, GAO warns: (more…)


One of the central problems with the country’s health care system is that it often shields consumers from costs in ways that provide little incentive to hold them down. In many cases, the consumers do not even know the full…


I. Introduction The annual Budget and Economic Outlook released on Feb. 5 by the Congressional Budget Office (CBO) contained some good news. The deficit is coming down. The debt is relatively stable over the coming 10 years. Revenues are going…


As election day approaches, it is appropriate to look at what we know and what we don’t know about the two candidates’ fiscal policy proposals -- especially since we are unlikely to get any more details before the election. In…


The AARP has launched a misleading and divisive ad campaign aimed at excluding Social Security and Medicare from any deficit-reduction proposals that might be developed by the new congressional “super committee.”This could have a dramatic negative impact on other government…


The trustees of Medicare and Social Security issued their annual reports last week, providing further evidence of the need for substantial reforms of the big entitlement programs that make up over a third of the federal budget.As in past years,…


Almost a year after passage of the Patient Protection and Affordable Care Act (ACA), and as Republicans in the House of Representatives begin their effort to repeal or slowly dismantle the legislation, it makes sense to revisit some of the…


With its August update of the Budget and Economic Outlook, the Congressional Budget Office (CBO) has thrown sand into the political gears of both parties as they hone their fiscal policy arguments for the November elections. (more…)


With pressure mounting to show progress in reining in the nation’s unsustainable structural budget deficit, Social Security reform may soon return to the policy agenda. Presidents Bill Clinton and George W. Bush each made attempts at reforming Social Security in…


I. Introduction With the House having passed its version of health care reform (H.R. 3962) and the Senate on the verge of passing its version (H.R. 3590), the outline of a final bill is beginning to take shape. It is…

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