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WASHINGTON -- The Concord Coalition today commended House Budget Committee Chairman Paul Ryan (R-WI) for putting forward a serious proposal to reduce projected deficits by more than $1.6 trillion over the coming decade. Concord cautioned, however, that the proposal’s policy…


Alice Rivlin of the Brookings Institution focused on the importance of Medicare reform in testimony to both the Senate and House budget committees last week, suggesting that the program should shift to a "premium support" model beginning in 2018.Under such…


The Congressional Budget Office (CBO) has released a useful report presenting more than 100 spending and revenue options for deficit reduction.Of the 38 options discussed for discretionary spending, about a third involve defense. With mandatory programs, the CBO said, policymakers…


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…


Congress has approved a one-year extension of Medicare payment rates for physicians, avoiding steep cuts that would otherwise have taken effect. Rather than finding a better long-term alternative to the current payment formula, lawmakers have repeatedly used stop-gap measures to…


By now we've seen a number of proposals for fiscal sustainability from groups with very different perspectives. (more…)


Updated estimates by a federal agency indicate that spending on health care will rise from 17.3 percent of GDP last year to 19.3 percent in 2019 -- 0.3 percent higher as a result of this year’s health reform legislation and…


The Center for Medicare and Medicaid Services recently updated its estimate of National Health Spending. This unusual mid-year update, delivered in an article in Health Affairs, reflects changes due to the passage of the health care reform law in March,…


Good news comes and goes rather quickly in the 2010 Medicare Trustees’ Report. It begins with the optimistic news that Medicare’s finances have improved substantially as a result of this year’s health care reform bill, the Affordable Care Act (ACA).…


WASHINGTON----With the 2010 Social Security and Medicare Trustees’ Report scheduled to be released on Thursday, The Concord Coalition today urged lawmakers, the president’s fiscal commission and the public to focus on the report’s projected cost growth of the two largest…


Congress late last week agreed to extend the so-called “Doc Fix” for five months at a cost of $6 billion. But a permanent fix would cost around $210 billion over 10 years. And the longer we wait for a permanent…

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