Contradictory reports last week created confusion over the AARP’s stance on possible changes in Social Security. Although the program is now spending more money than it takes in and will face even greater strains as more baby boomers retire, the…
With Congress increasingly concerned about military spending in Afghanistan and elsewhere, Leon Panetta signaled last week that as the next secretary of defense he would carefully rein in spending. The former director of the Office of Management and Budget said…
Congress and the White House are accelerating their budget and debt limit negotiations amid growing concerns about the economic recovery and the possibility that a political stalemate could trigger turmoil in the financial markets.After only one meeting so far this…
Two budget experts who are part of The Concord Coalition’s Fiscal Solutions Tour emphasize the importance of Medicare reform in separate blog postings on The American Square.Joe Antos of the American Enterprise Institute criticizes elected officials who downplay Medicare’s impact…