Congress must pass Social Security legislation by late next year to prevent the Disability Insurance Trust Fund from running dry, a crisis that would trigger automatic 19 percent cuts in disability benefits for millions of Americans. (more…)
With Congress now in its long August recess after failing to pass a single spending bill for the fiscal year that starts Oct. 1, speculation has understandably grown over the possibility of a government shutdown this fall. Senate Majority Leader…
Praising efforts by the First Budget initiative to get the presidential hopefuls to discuss the federal debt and related issues such as entitlement reform, the Chicago Tribune recently urged voters to help put pressure on the candidates to do so.…
National health care spending grew more quickly last year than in other recent years, according to a new report by actuaries at the Centers for Medicare and Medicaid Services (CMS). Spending grew by 5.5 percent last year, up from the…