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Drawing on recently released projections, the Congressional Budget Office (CBO) reiterated on Monday that federal spending on Social Security and health care is on track to increase significantly as a share of the economy in the coming decades."CBO projects that…


Last week the Department of Health and Human Services (HHS) announced its second major move towards “bundled payments” in Medicare. A bundled payment groups all of the normal fees associated with a specific type of medical procedure -- in this…


The Congressional Budget Office has released 30-year projections that underscore the need for presidential and congressional candidates to offer credible plans for comprehensive budget reform. “Americans like to think we put a high priority on strengthening the country and looking…


House Republicans produced a white paper last week that provides some information on the types of health care policies they would pursue after passing legislation to repeal the Affordable Care Act (ACA). Culled primarily from prior Republican proposals, the patchwork…


Fiscal experts testified last week to the House Budget Committee on the need to control automatic federal spending on programs such as Social Security and Medicare in which expenditures are not subject to the annual appropriations process. The committee hearing…


A recent report by the Bipartisan Policy Center’s Commission on Retirement Security and Personal Savings promotes recommendations to address challenges in an era of incomplete access to retirement plans, generally stagnant income growth and a Social Security program with unsustainable…


In the latest Fiscal Fridays interview, Republican presidential candidate Lindsey Graham said substantial reforms to the tax code and federal entitlement programs are essential to reducing the federal debt and protecting the nation’s economic future. “The purpose of my presidency…


There were no big surprises in the latest Long-Term Outlook from the Congressional Budget Office (CBO). No real surprises, either, in this summer’s annual reports from the trustees who oversee Medicare and Social Security. “And that’s the problem,” say John…


The Government Accountability Office (GAO) recently completed a review of the process used by the government to determine payment rates for over 7,000 services provided by doctors. It substantiated previous criticism of the process while acknowledging some recent movement towards…


The chief actuary for the Centers for Medicare and Medicaid Services (CMS) recently certified that an important pilot project that came out of the Affordable Care Act saved $400 million in its first two years. The Pioneer Accountable Care Organization…


A new report on the financial assets of older Americans highlights the need for many people to save more money to avoid running short in retirement. Between 2010 and 2012, more than a fifth of the Americans who died at…


The Senate Tuesday night overwhelmingly passed bipartisan legislation to permanently fix the formula for determining how physicians are paid under Medicare. The final vote of 92-8 sent the legislation, already passed in the House, to President Obama, who is expected…

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