Blog
Democrat Family Feud
Entitlement Spending - September 30, 2013
Today, Senate Democrats Are Expected To Again Threaten A Government Shutdown By Rejecting Any Delay Or Change To ObamaCare. "The bill now moves back to the Senate, where Reid is expected to scrap the two healthcare amendments with a single vote on Monday, when the Senate returns, and return the "clean" CR, yet again, to Boehner and House Republicans. 'To be absolutely clear, the Senate will reject both the one-year delay of the Affordable Care Act and the repeal of the medical device tax,' Reid said in a statement." ... Continue Reading »
Research
CBO Confirms: Obama’s Current Debt Path Is Unsustainable, Entitlements Must Be Reformed
Entitlement Spending - September 17, 2013
On The Current Fiscal Path, The U.S. National Debt Would Reach 100 Percent Of GDP By 2038, “More Than In Any Year Except 1945 And 1946.” “The gap between federal spending and revenues would widen steadily after 2015 under the assumptions of the extended baseline, CBO projects. By 2038, the deficit would be 6½ percent of GDP, larger than in any year between 1947 and 2008, and federal debt held by the public would reach 100 percent of GDP, more than in any year except 1945 and 1946. With such large deficits, federal debt would be growing faster than GDP, a path that would ultimately be unsustainable.” ... Continue Reading »
Research
Another Year Of Kicking The Social Security “Can Down The Road”
Entitlement Spending - May 31, 2013
NOW: Like Last Year, Social Security Is Expected To Dry Up In 2033. “Meanwhile, the trustees kept their projections for Social Security programs unchanged. They continue to estimate that the Social Security Disability Insurance trust fund will exhaust its reserves in 2016 and the other Social Security trust fund that pays benefits for retirees will pay full benefits until 2035. If the two Social Security trust funds were combined by Congress, the trust funds would continue to pay benefits until 2033.” (Damian Paletta and Louise Radnofsky, “Medicare Trustees Dial Back Funding Concerns,” The Wall Street Journal, 5/31/13)... Continue Reading »
Research
Putting The Pedal To The Metal
Entitlement Spending - November 28, 2012
FLASHBACK: Obama Said "If We Want To Get Serious About Fiscal Discipline … We Will Also Have To Get Serious About Entitlement Reform." OBAMA: "Along with defense and interest on the national debt, the biggest cost drivers in our budget are entitlement programs like Medicare, Medicaid, and Social Security -- all of which get more and more expensive every year. So if we want to get serious about fiscal discipline, and I do, then we're going to not only have to trim waste out of our discretionary budget -- which we've already begun -- we will also have to get serious about entitlement reform."... Continue Reading »
Research
WaPo, AP, Politico, USA Today ... Democrats Debate Themselves And Reality Over Fiscal Cliff
Entitlement Spending - November 28, 2012
WaPo Editorial: "Mr. Obama's Time To Lead On Entitlements"... Continue Reading »
