Macroeconomic models that attend to the margin will discover the entrepreneur inhabiting that margin, the same one who holds center stage in daily economic life.
Congress should take promptly five actions to get government out of the way of private sector job-creation: enact the New Flat Tax, free America’s energy markets, support free trade through international negotiation, halt unwarranted overregulation of markets, and repeal the government’s labor price-fixing for federal construction.
The New Flat Tax replaces today’s convoluted tax system with a simple, neutral, and transparent tax system that will allow America to achieve its full economic potential.
On virtually every policy issue and in most sectors of the economy, the left’s solutions call for bigger government. The clear implication of that worldview: We should trust government bureaucrats more than private individuals to innovate, create and provide prosperity and general well-being.
The U.S. dramatically reduced defense spending after the Cold War. Since then, the military has been living off the build-up under Ronald Reagan. Defense increases after 9/11 were largely spent on 10 years of operations in Iraq and Afghanistan, not modernization or recapitalizing forces (i.e., new planes, ships, or weapon systems). Today, the military is in dire need of repair, not another “peace dividend.”
Today marks the 1,000th day since the United States Senate has passed a budget. While the House has put forth (and passed) its own budget, the Senate has failed to do the same. To help illustrate how extraordinary this failure has been, our new video highlights a few of impressive feats in history that have been accomplished in less time.
Some are asserting that the defense budget cuts required under the Budget Control Act of 2011 (BCA), or the “debt-limit deal”, will only reduce the rate of increase in the overall defense budget. While precise defense budget projections under the BCA are not possible, it is a certainty that the overall defense budget will decline under its terms.
Congress should take promptly five actions to get government out of the way of private sector job-creation: enact the New Flat Tax, free America’s energy markets, support free trade through international negotiation, halt unwarranted overregulation of markets, and repeal the government’s labor price-fixing for federal construction.
The New Flat Tax replaces today’s convoluted tax system with a simple, neutral, and transparent tax system that will allow America to achieve its full economic potential.
The introduction of the bipartisan Wyden–Ryan premium support plan for Medicare ensures that reform of the government’s largest health entitlement program will continue to be a major topic of debate in 2012.
The Centers for Medicare and Medicaid Services (CMS) has issued final regulations for Accountable Care Organizations (ACOs). The outcome is disappointing
The joint federal–state health program for the poor is fueling the federal entitlement crisis, bankrupting state budgets, and delivering substandard care to enrollees while crowding out private health insurance options for many
The Patient-Centered Outcomes Research Institute’s (PCORI) priorities do not change concerns that its findings will be used to limit treatment options.
Obamacare makes massive changes to Medicare. Obamacare contains more than 160 provisions to the program that increases government’s control over the delivery of care, hits doctors with unsustainable payment cuts, and leaves taxpayers with higher deficits.
In March 2012, two years after the enactment of the Patient Protection and Affordable Care Act (PPACA), the Supreme Court will hear challenges to the federal health care legislation. One issue the court will take up is whether the PPACA’s Medicaid expansion constitutes a coercive infringement on state sovereignty by the federal government. Relevant to that dispute is the economic burden to a state that—in the face of the impending PPACA-mandated Medicaid expansion—decides to end its participation in Medicaid, thus forfeiting its entire federal Medicaid funding. This Heritage Foundation analysis attempts to calculate that burden.
In 2003, the Medicare Modernization Act created the Medicare Advantage program, which allowed seniors to choose coverage from private health plans. Both recent research published in The American Journal of Managed Care by Niall Brennan and Mark Shepard and another analysis by America’s Health Insurance Plans use HEDIS measures and state-based data on hospital utilization, respectively, to compare the quality of care received by enrollees in Medicare Advantage and traditional Medicare fee-for-service. The studies found the new program performed better than traditional Medicare on a number of measures, including delivery of care car and hospital utilization.