Issue Brief posted December 11, 2015
Reducing Taxpayer Subsidies to Wealthy Medicare Recipients Is Sound Policy
Medicare is accumulating an unfunded obligation of between $28 trillion and $37 trillion. This is the dollar amount of promises to Medicare beneficiaries that are not financed with dedicated revenues. Although comprehensive Medicare reform is in order, one small step to alleviate this burden would be a further reduction in taxpayer subsidies to Medicare’s wealthy…
Backgrounder posted December 4, 2015
Important Policy Riders for the FY 2016 Appropriations Bills
The Constitution unequivocally grants Congress the exclusive power to appropriate funds for the “necessary and proper” operations of government. James Madison wrote in The Federalist No. 58 that providing budgetary powers to Congress was a critical element in maintaining individual rights: “The power over the purse may, in fact, be regarded as the most complete and…
Issue Brief posted October 28, 2015
Analysis of the Bipartisan Budget Act of 2015
The federal budget is on a dangerous trajectory and immediate corrective action is required. The U.S. national debt is at $18.1 trillion. According to the Congressional Budget Office (CBO), if the government remains on its currently planned course, it will spend $7 trillion more over the next 10 years than it will receive in taxes, piling on even more debt.
Issue Brief posted July 30, 2015
Medicare at 50: Reform Will Better Serve Seniors’ Health Care Needs
Medicare, enacted along with Medicaid in 1965, is 50 years old. The program, which provides health care services to seniors and some disabled, has successfully provided its enrollees core hospital and physicians’ coverage and a strong measure of financial security. However, fiscal and demographic problems that are inherent in its outdated structure threaten seniors’…
Backgrounder posted May 28, 2015
Medicare Advantage Under the ACA: Replace Payment Cuts with Market-Based Reforms
Medicare Advantage (MA) offers seniors the option of private health plans as an alternative to traditional Medicare. The private plans in Medicare Advantage provide more comprehensive coverage and are typically more generous that traditional Medicare. Today, more than 30 percent of Medicare beneficiaries are enrolled in an MA plan.
The Affordable Care Act of 2010 (ACA),…
First Principles Series Report posted February 25, 2015
Federalism and Freedom: Orestes Brownson’s Case for the Federal Constitution
Over the past 100 years, conservatives and Progressives have battled over the meaning and relevance of the U.S. Constitution. Many of these disagreements have focused especially on the relationship between the federal government and the states.
Progressives old and new have long dismissed states’ powers as annoying relics of a bygone era. Progressives assert that…