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.
Congress Won't Drastically Change The VA Because Too Many Benefit From The Status Quo
At best, all Congress and the administration will likely do—if they do anything—is tweak around the edges.
The Welsh welfare system is still broken
Despite government efforts to reform the welfare system, long-term unemployment remains chronic, and the current benefits structure may be causing more problems than it solves.
If Income Inequality Is Caused By The Lack Of Wealth, Then Help Workers Create Wealth
Replacing Social Security’s financially struggling system with personal retirement accounts would create real wealth for millions of working Americans.
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.
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