A looming crisis is facing Social Security’s Disability Insurance (DI) program: Unless Congress takes action, the DI trust fund will run out next year and beneficiaries will suffer an across-the-board cut of 19 percent. Some advocates suggest that a “simple…
The Senate is widely expected to approve a $42 billion, one-year renewal of over 50 tax breaks for certain businesses and other special interests without paying for them. The House approved the bill earlier this month and President Obama is…
Former U.S. Senators J. Robert Kerrey and John C. Danforth today released an update of a 1994 commission report on entitlement and tax reform and called on Americans -- particularly presidential hopefuls -- to address the nation’s fiscal challenges. A…
Last year saw the slowest growth in national health care spending since 1960, when such data was first recorded, according to a new report by actuaries at the Centers for Medicare and Medicaid Services (CMS). Spending grew by 3.6 percent,…
