Federal spending mandated by our major entitlement programs (Social Security, Medicare, Medicaid) today comprises the majority of the federal budget and will bankrupt the United States absent imminent structural reforms.
Not only do these entitlement programs drain federal spending dollars, but they don’t do a particularly good job of delivering promised services and benefits. Social Security provides a shameful rate of return for most recipients, especially when compared with private sector alternatives. And seniors and the poor are finding it increasingly difficult to find a doctor who will accept Medicare or Medicaid patients.
IPI has proposed specific, concrete solutions that would not only make these programs solvent and sustainable, but also deliver superior benefits. Entitlements should not be reformed solely for the benefit of the federal government, but also for the benefit of taxpayers and recipients.
Justice Scalia Gets It Wrong: Millennials Should Have Already Revolted
Given how much younger workers have to pay in taxes and how little they can expect to get back, the real question is why they didn’t revolt years ago.
If the Federal Government Is Going to Investigate Pyramid Schemes, it Should Start with Social Security
If the federal government really wants to go after pyramid schemes it ought to start with Social Security. That’s the biggest pyramid of them all.
Will MyRAs Succeed Where Others Have Failed?
What are MyRAs and are they likely to be any more successful than existing retirement vehicles in encouraging more people, particularly at the lower end of the income scale, to save for retirement?
Ten Steps for a Market-Oriented Health Care System
Congress is looking for health care reform steps to take to replace President Obama's Affordable Care Act. Here are 10 market-oriented steps that will help will go a long way toward increasing access, lowering costs and improving the quality of health care.
MyRA-PRA could be winning formula for American workers
A PRA-MyRA would be a win for the president, for conservatives, and for bipartisanship, but most especially a win for American workers.
Your MyRA, My PRA
With a couple of tweaks, the President’s MyRA proposal can become the Personal Retirement Account conservatives have championed for 30 years.
Government Programs Have Become One Big Scammer Fraud Fest
Government program defrauders should have a positive outlook for 2014 as a banner year for scamming taxpayers.
Entitlement Tsunami
Without significant changes, entitlements could soon take every dollar of federal revenue.
Why Not Personal Accounts?
Personal Retirement Accounts (PRAs) should be the core of any conservative proposal for entitlement reform.
AARP Publishes a Study to Show Only What It Wants to Show
AARP’s new study purports to show the economic benefits of Social Security, but completely ignores the downside of the taxes the program imposes on the economy—and people.
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