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  • WebMemo posted November 16, 2009 by Stuart M. Butler, Ph.D. Bipartisan Entitlement Commission Needed to Control Spending and Debt

    A bipartisan group of seven Senate Budget Committee members, including Chairman Kent Conrad (D–ND) and ranking member Judd Gregg (R–NH), have declared that they will refuse to support an increase in the debt ceiling unless a bill to create a bipartisan fiscal reform commission is included. They see such a commission as essential to tackling the coming tsunami of…

  • WebMemo posted May 13, 2009 by Greg D'Angelo, Robert E. Moffit, Ph.D. Time to Get Serious (Again) About Medicare Reform

    The Medicare Trustees have released the annual report on the financial status of the Medicare program.[1] The Washington Post's front page headline on the report warns of a "Medicare Collapse."[2] The basic facts are simple and dramatic: Medicare has an unfunded liability of almost $38 trillion; Medicare's hospital insurance trust fund will become…

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