Dr Donald Berwick is gone. The man who was appointed by President Barack Obama last year to head the Center for Medicare and Medicaid Services would not be confirmed by Republicans in the Senate so the administration is nominating his deputy instead. The White House deemed it “unfortunate that a small group of senators obstructed his nomination, putting political interests above the best interests of | Read More »
With all President Barack Obama’s lambasting of Republicans for supposedly “putting party before country,” I honestly hadn’t expected a Democrat to criticize conservative lawmakers more vehemently for their “intransigence” before the election but Senator John Kerry did on NBC’s Meet the Press today. Republicans, said Kerry, had made “the calculation politically” to block a comprehensive deficit reduction effort “to wait until next year and just | Read More »
A recent Gallup poll found that more American seniors support Paul Ryan’s reform plan for Medicare than they do the president’s. 48 percent of those over the age of 65 favor the Wisconsin congressman’s approach that would privatize the program and entitle people to “premium support” or vouchers with which to buy health insurance on the private market. 42 percent support Barack Obama who has | Read More »
After billions in stimulus spending and bailing out banks and automakers, America’s public finances are in dire straits. Last year, the federal deficit reached almost $1.5 trillion while the debt has grown to $14 trillion, equaling the total annual economic output of the United States. Americans may need to brace for austerity but plans to rein in spending are few and controversial. Republicans have pledged | Read More »
Members of the president’s debt commission have proposed deep budget cuts in order to rein in government spending in the United States. Entitlement programs as Medicare and Social Security, which are responsible for the brunt of federal spending, would be hit especially hard. The National Commission on Fiscal Responsibility and Reform, created by President Barack Obama in January of this year, was not supposed to | Read More »
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