Age is Not the Only Number for Social Security
?? Last week, Henry Aaron argued in this space that raising the retirement age to help Social Security’s solvency amounted to a cloaked benefit cut…. Read More
?? Last week, Henry Aaron argued in this space that raising the retirement age to help Social Security’s solvency amounted to a cloaked benefit cut…. Read More
Last night on Hardball with Chris Matthews, Rep. Paul Ryan (R-WI) made the case for preventing President Barack Obama’s impending job killing tax tsunami. When… Read More
Fannie Mae and Freddie Mac are not known for overly cautious mortgage financing. To the contrary, their open wallets helped fuel the credit crisis of… Read More
Managing the city of Bell, California, is apparently twice as challenging as being President of the United States. The Los Angeles Times reported on July… Read More
An article on the Automatic IRA in the July 13 edition of the Capitol Hill newspaper The Hill (“Democrats and AARP want to make IRA… Read More
According to President Obama, “every economist who’s looked at it says that the Recovery Act has done its job.” The four economists gathered at the… Read More
Reps. Gary Peters (D-MI), John Adler (D-NJ), Peter Welch (D-VT) and Jim Himes (D-CT), should be commended for forming their new Spending Cuts and Deficit… Read More
As President Obama today signed into law the Dodd-Frank financial regulation bill, two words were left unspoken: Fannie and Freddie. Yet they not only played… Read More
After months of inactivity, the Senate could finally address the death tax in the coming days. It is about time it acted, because in a… Read More
The President is scheduled to sign the financial overhaul bill today, yet he might want to pause a moment to consider not signing this bill… Read More
There simply is no way to avoid thinking and, perhaps, even starting the analysis of economic policy except from a set of principles. Whether it… Read More
There’s only one reason nearly 2 million American former workers are without unemployment benefits today: Senator Reid (D-NV) and his Democratic colleagues’ addiction to deficit… Read More
Alan Greenspan recently gave a Bloomberg News interview with Judy Woodruff. His agenda was redemption. Hers was politics. She got what she wanted. In the… Read More
This week attention has been focused on President Obama’s pick of Jacob Lew to replace outgoing Peter Orszag as Director of the Office of Management and… Read More
Almost seven full months into 2010, the Senate might finally get around to addressing the death tax. The death tax expired on January 1 of… Read More
Last week the Obama administration began rolling out new campaign titled, we kid you not, “Yes, we did.” Did what exactly? Waste nearly a trillion… Read More
Still in the midst of a recession, the United States finds itself at a crossroads regarding which path will lead to economic growth and job… Read More
Serious doubts surround President Obama’s National Commission on Fiscal Responsibility and Reform, which has been tasked to make recommendations to Congress to reduce the federal… Read More
The Obama administration and their Keynesian media allies are desperately pushing back against a growing consensus that President Barack Obama’s expansive and intrusive domestic agenda… Read More
Lawmakers in Washington are quick to talk the talk of fiscal reform these days. Solutions to the nation’s abysmal financial outlook are at the tip… Read More
Last week in a legislative briefing Speaker of the House Nancy Pelosi (D–CA) stoked the unemployment insurance (UI) debate by stating that unemployment checks are… Read More
Today, the Congressional Budget Office (CBO) released its Social Security Policy Options report, which highlights some of the proposals made by policymakers and legislators to… Read More
Last night the House passed a “budget enforcement resolution” setting discretionary spending levels for fiscal year 2011 at $1.12 trillion. This is approximately $7 billion… Read More
At this point, Americans on every imaginable side of the deficit debate agree that federal spending is out of control. Something must be done—but the… Read More
The June jobs report is not a happy one as we head into the holiday weekend. Private-sector hiring is still weak, at less than 100,000… Read More
An old saying applicable to dysfunctional organizations is that the right hand doesn’t know what the left hand is doing. The President and Congress have… Read More
Adding automatic enrollment to a 401(k) retirement savings plan builds retirement savings. It especially helps lower and moderate income workers, but employees at all income… Read More
Despite mounting state budget crises and growing public discontent with government unions, the House of Representatives added the Public Safety Employer-Employee Cooperation Act to the… Read More
Solving the problem of cleaning up the waters in the Gulf of Mexico may depend not on government, nor on the corporate giant BP, but… Read More
After the last-second addition of another $20 billion in new taxes shattered their original coalition for passage, the majority in the Senate went back to… Read More
