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Before we proceed with the Independent Payment Advisory Board, we should carefully consider the pernicious impact that similar structures have had on patient care.
Conservatives are considering means tests on Social Security and Medicare benefits, which seemingly offer billions in savings. But a means test is equivalent to a tax on work and saving, precisely the things Americans should do to reduce their dependence on government benefits.
Reducing Cost of Living Adjustments by basing them on a more accurate measure of inflation would alleviate the long-term Social Security deficit.
Potentially a half-trillion dollars a year in added revenues will be used to reduce the $8 trillion to $10 trillion deficits in the coming decade.
Social Security's mission remains constant but its structure must change with the times.
In a just-published op-ed, American Enterprise Institute (AEI) economist Alex Brill sets forth two options to reduce health care costs in Illinois' Medicaid system. If enacted, these efforts would be a part of a broader reform effort which is necessary to avert dramatic cuts in the future.
Although there are many reasons for the existence of the "special relationship" between Washington and London, the cornerstone of that relationship from its first days has been shared "hard power" in the areas of intelligence and defense.
Austerity measures in Europe have been the topic of a heated and mostly confused debate in the economic world. During the May summit of the leading industrial nations at Camp David, German chancellor Angela Merkel and other European leaders pushed for continued European austerity. Keynesian critics argue that these policies destroy economic growth.




