After adjusting for education and experience, federal workers have higher salaries than private workers in the same fields, and when factoring in their generous benefits packages, total compensation for federal workers could be nearly $14,000 per year more than for similar private workers.

Spending on health care has been growing faster than the economy for many years, representing a challenge both for the government’s two major health insurance programs, Medicare and Medicaid, and for the private sector. The Congressional Budget Office (CBO) has just released an important new study suggesting that future health...

The fascinating departure from the usual pabulum from centrists who insist that they are neither right nor left is nothing less than a desperate abandonment of Obama and the Democratic party in order to preserve the credibility of the ideas driving Obama and the Democratic party.

By exposing more of Americans' incomes to payroll taxes, the Baucus bill increases the Social Security surpluses and makes the on-balance budget appear more balanced.

Although the Social Security program is currently running a surplus, the program will start to run deficits when the baby boom generation begins to retire and is therefore not financially viable in the long run. At this event, Peter Diamond, a professor at the Massachusetts Institute of Technology, and...

Democrats unleashed a barrage against House Minority Leader John Boehner in recent weeks, as Boehner is reshaping the Republican Party with some new ideas, making it more attractive to middle-of-the-road voters.

We knew that President Obama was good at aura, at generating enthusiasm for the prospect of hope and change, but it turns out that the president is not so good at argument.

"Progressive price indexing" is being seriously considered as a potential reform to Social Security. President Bush referred to this potential reform as "interesting" and deserving of additional study. U.S. Senator Robert Bennett (R-Utah) is articulating the concept to other policymakers on Capitol Hill. Under this approach, the initial benefits of...