Buttigieg recently released an aging and retirement plan that proposed massive amounts of new entitlement spending, when we can’t afford current programs.
While many will blame Trump, the country’s addiction to entitlements and the passage of the Affordable Care Act are the true culprits for trillion-dollar federal deficits.
The actions the administration announced on Thursday represent the latest in a series of steps designed to offer an alternative to the command-and-control vision promoted by the left.
The Government Accountability Office estimates that such measures could save the Defense Department more than $500 million. Only $22 trillion left to go.
Democrats and Republicans may shame the United States for not featuring yet another welfare state program, but they ignore that Canada’s taxes to fund subsidies to parents of newborns cost working families dearly.
Both parties on Capitol Hill finally agree on something: spending more money. The new budget deal reminds us it’s time to call a convention of states.
By 2049, the national debt will equal 144 percent of GDP. A huge portion of this is due to Social Security costs. So how do we prevent fiscal ruin?
Listen now to Michael Boskin, senior fellow at the Hoover Institution, discuss global economic trends he sees impacting trade, immigration, 2020 issues, and more.
Meaningful discussion of entitlement reform is absent among Democrats running for president. Their plan for Social Security seems to be pretending it’s not going bankrupt.
Republicans are listening to campaign consultants telling them they need the women’s vote in 2020, and that buying them off with baby-scented government checks will do the trick.
Maybe people should be expected to retire on a smaller Social Security benefit if they did not contribute the next generation of taxpayers.
The truth is that we are the problem. Our benefits are ordinary, even small, to us, but collectively they are large enough to bankrupt our nation.
According to a recent estimate, the combined pension hole of all U.S. states and cities is now equal to the world’s fourth-largest economy, Germany. Also, Medicare has no money in eight years.
When does lavish federal spending get reined in? Not when there’s a Republican Congress, apparently.
The welfare state as currently constituted systematically discriminates against the poorest, sickest, and most vulnerable.
Senate Majority Leader Mitch McConnell should be reminded that two wrongs don’t make a right.
We need to stop whistling past the graveyard and realize the left is seeking total victory.
AEI Resident Scholar Andrew Biggs joins Federalist Radio to discuss Social Security, paid parental leave, and the economic road blocks in Puerto Rico.
The New Parents Act is a smart proposal. It’s not a tax increase. It’s not a new entitlement. And it may help make America’s bankrupt entitlements solvent if it encourages childbearing.
Sen. Marco Rubio’s proposal to use Social Security to fund family leave would actually hurt families by worsening the program’s already dire financial problems.
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