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.
Budget Deal Perpetuates the Social Security Trust Fund Fiction
The budget deal perpetuates the Social Security trust fund fiction by borrowing from one trust fund that has loaned its assets for IOUs to save another trust fund which has spent its IOUs.
How Three Texas Counties Are Battling Income Inequality and Winning
The primary issue for 2016 Democratic presidential candidates appears to be economic inequality—both income and wealth. They have two solutions: raise the minimum wage and redistribute wealth. The far better solution, both for individuals and the economy, would be to let lower-income workers create and accumulate wealth.
A Quick and Easy Way to Reduce Income Inequality
The best way to address the problem of income inequality is to ensure that lower-income workers can accumulate wealth, and the best way to do that is to replace Social Security with personal retirement accounts.
The Government Is Robbing Millennials Blind
Entitlements are cheating them out of their money. Fortunately there's a practical solution.
A New Tax-Free Account for the Disabled, but Why Stop There?
ABLE-type accounts send the right message--that individuals can and should be responsible for their own needs.
Clinton's College Reform Plan Gets A Big Fat F
There are so many problems with her plan it’s hard to know where to start grading.
ADA and Disability
Dr. Merrill Matthews in a recent column wonders why we are seeing such a dramatic increase in people receiving disability payments. Shouldn’t the new technologies and greater access to buildings and facilities make it possible for fewer Americans to receive payments? That is not what has happened.
Medicare Turns 50--Here's Why People Still Love It But Hate Obamacare
Unlike Obamacare, Medicare was bipartisan, targeted and an improvement. It has hit 50 largely unchanged—at least for seniors—from its original form. Obamacare is unlikely to make 10 without significant changes—if it survives at all.
Has the Americans With Disabilities Act Actually Been a Failure?
The Americans with Disabilities Act seems to have been a big success at increasing the disabled's access to workplaces, buildings and transportation. So why has the number of Americans receiving disability income grown so dramatically since the ADA passed?
Truth-Checking Obama's Remarks to the White House Conference on Aging
President Obama spoke at the White House Conference on Aging, but what's really getting old is having to "truth-check" all of his claims.
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