As elected officials weighed reforms that could put the federal budget on a sustainable track, the AARP last week reiterated its opposition to even including Social Security and Medicare in the discussion. The organization’s recent explanations for what appears to…
Last week, AARP doubled-down on its insistence that Social Security and Medicare benefits should be off the table in negotiations to stabilize the nation’s debt. (more…)
President Obama said Monday he would seek congressional approval of “bite-sized pieces” of his $447 billion plan to bolster the economy after a Senate vote last week blocked the package as a whole, along with a provision Democrats had added…
The Congressional Budget Office has provided an estimate of what the deficit would be if the economy were operating at total capacity. With full utilization of capital and labor resources in the economy, CBO says, the deficit for fiscal year…
