Posts Tagged ‘Medicare’

The Real Story of Big Government Spending in the U.S. Since 1932


Saturday June 4th, 2011   •   Posted by David Theroux at 11:36am PDT   •   0 Comments

Here is a great video presentation on the gigantic growth of Big Government federal spending and debt in the United States and its impact on the average America:

Obama’s Mediscare, ObamaCare, and the Need for Private-Market Health Care


Sunday May 29th, 2011   •   Posted by David Theroux at 6:33pm PDT   •   0 Comments

In “Mediscare: The Surprising Truth,” Thomas Savings and John Goodman discuss in the Wall Street Journal the scare-mongering campaign by the Obama administration regarding ObamaCare and Medicare, and then provide positive reform directions based on creating tax-free, private, health care accounts providing choice: The Obama administration has repeatedly claimed that the health-reform bill it…
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Social Security “Trust Fund” Deficits to Add $5 Trillion to U.S. Debt


Sunday May 15th, 2011   •   Posted by David Theroux at 9:39am PDT   •   3 Comments

Jed Graham in Investor’s Business Daily reports that a new study of the financial condition of Social Security and Medicare indicate that with baby boomer retirements, rising health costs, and the ongoing economic malaise, these federal entitlement programs are producing massive deficits in perpetuity unless major changes are made to cut these unsustainable liabilities….
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Emily Skarbek Is Interviewed on the Government Cost Calculator on Reason TV


Thursday May 12th, 2011   •   Posted by David Theroux at 10:49pm PDT   •   1 Comment

Independent Institute Research Fellow Emily Skarbek is interviewed here by Nick Gillespie of Reason TV regarding the Institute’s very timely and far-reaching Government Cost Calculator. The Calculator enables any American to clearly understand three aspects of federal government spending. First, the Calculator helps you determine how much a person will pay for various federal…
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Jeff Miron’s Advice: Cut Federal Entitlement Spending!


Thursday May 5th, 2011   •   Posted by Emily Skarbek at 7:51am PDT   •   12 Comments

In the following video, Independent Institute Research Fellow Jeffery Miron discusses why federal entitlement spending (Medicare, Medicaid, and Social Security) is growing to unprecedented levels and must be cut and cut and cut some more if the U.S.’s fiscal spending and debt crisis is to be resolved. HT: Mike Munger

Welfare State Update: Americans Depend More on Federal Aid Than Ever


Thursday April 28th, 2011   •   Posted by David Theroux at 1:11pm PDT   •   1 Comment

Dennis Cauchon in USA Today reports that: Americans depended more on government assistance in 2010 than at any other time in the nation’s history, a USA Today analysis of federal data finds. The trend shows few signs of easing, even though the economic recovery is nearly 2 years old. A record 18.3% of the…
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What Forced President Obama to the Deficit Cutting Table?


Wednesday April 20th, 2011   •   Posted by Craig Eyermann at 7:44am PDT   •   1 Comment

Last Wednesday, months after rejecting his own presidential commission’s recommendations for reducing the U.S.’s record deficits produced by his administration, President Barack Obama finally offered a plan to deal with the nation’s excessive federal budget deficit. He didn’t do it because he wanted to do it or because he genuinely believes it’s in the…
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The President’s Reversal?


Monday April 11th, 2011   •   Posted by Craig Eyermann at 11:00am PDT   •   5 Comments

How much has the recent debate over federal spending changed things in Washington D.C.? Consider that at the beginning of the year, both the President and the members of his political party believed that any cuts to their previously proposed levels of spending would be unthinkable. After all, it was only two months ago…
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U.S. Government Spends More Than Eight Times Monthly Revenues


Monday April 4th, 2011   •   Posted by David Theroux at 10:53pm PDT   •   5 Comments

In “March Madness: U.S. Gov’t Spent More Than Eight Times Its Monthly Revenue,” Terence P. Jeffrey reports at CNSNews.com that the U.S. Department of Treasury has just announced that federal spending for the month of March was more than eight times revenues received. The U.S. Treasury has released a final statement for the month…
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The BIG FOUR Enter the Discourse of Debt


Monday April 4th, 2011   •   Posted by Emily Skarbek at 7:13am PDT   •   0 Comments

No, I am not referring to the Allied Leaders in WWI, college basketball, or the top accounting firms in the U.S. The BIG FOUR of the Budget are Medicare, Medicaid, Social Security and Defense. Together they make up around 65% of non-discretionary spending. Today, the New York Times and Wall Street Journal are running…
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