In preparing for tonight’s State of the Union address, President Obama would do well to heed suggestions recently offered from two fiscal experts who have advised him in the past.Christina Romer, former chairwoman of the President’s Council of Economic Advisers,…
Proposals from President Obama’s fiscal commission and other bipartisan panels that issued reports last year are drawing renewed attention as the new Congress gets to work.Rep. Kevin Brady (R-Texas), for example, has introduced a bill that would cut federal spending…
Recent calculations by Gene Steuerle and Stephanie Rennane at the Urban Institute underscore Medicare’s financial challenges and the need to curb its growing costs. The new numbers show the relationships between what people of different ages and incomes pay into…
Urban Institute scholar Gene Steuerle has run the numbers and found that for Medicare, retirees are getting a really good deal.In a fascinating set of calculations, Steuerle and colleague Stephanie Rennane, looked at both Social Security and Medicare and estimated the levels of benefits relative…