Medicaid and Obamacare
Significant concerns over the ACA and Medicaid expansion remain. Opponents warn that demographic trends will cause Medicaid expenditures to grow rapidly.
Common Sense Political Ideas
Significant concerns over the ACA and Medicaid expansion remain. Opponents warn that demographic trends will cause Medicaid expenditures to grow rapidly.
Medicare spending is projected to increase from $600 Billion in 2014 to $1 trillion by 2022. It’s important that we come up with some solutions to begin reducing Medicare spending as a percentage of the federal budget.
Without changes to entitlement programs, mandatory spending is projected to exceed 100% of all government revenues sometime in the 2030s. It’s important that we come up with some solutions sooner than later or Medicare as we know it won’t be around another 50 years.
There are a number of ways to correct the projected shortages, but all are unpopular. In this blog, I will touch on five of the most talked about solutions.
We must restore fiscal responsibility. The enormous national debt threatens our security and greatly reduces our flexibility to address current and future needs.
This type of fiscal policy would demonstrate to bond markets that the dollar on solid footing, and reassure and bolster stock markets.
While what has happened in Greece this past week doesn’t compare to the financial situation faced by the U.S., there are some similarities – too much debt and spending, insufficient revenue, and it can’t pay its bills without borrowing.
There’s still time to protect our interests, but we shouldn’t dilly-dally. Some economists believe that Chinese economic dominance is more imminent and broad based than is currently acknowledged.
There are many reasons why deficits matter and why we should be alarmed by our growing national debt. But first and foremost, it should be considered a national security threat.
There’s a colossal struggle taking place between both parties in Congress – a war over how to tax and spend.