The Obama administration reported last week that it had achieved an initial goal of moving the Medicare payment system towards one that rewards value instead of volume. As announced in January of 2015, the Centers for Medicare and Medicaid Services…
The economy has shown “substantial strength” in the past year, with rapid job growth, rising wages and growing consumer confidence, according to the 70th annual Economic Report of the President. But the report, released last week by the President’s Council…
The Congressional Budget Office (CBO) has told lawmakers that “mandatory” spending programs that are means-tested are expected to grow more slowly over the next 10 years than those that are not means-tested. Mandatory programs do not require congressional approval each…
The administration is seeking roughly $1 billion in additional IRS funding that the agency says could improve customer service and step up enforcement work, resulting in billions of dollars in additional federal revenue. IRS Commissioner John Koskinen faced Republican skepticism,…