Topic: Medicare

Paul Ryan warns of fiscal and monetary clash

WASHINGTON (Reuters) - House Budget Committee Chairman Paul Ryan warned on Wednesday that big spending cuts are necessary now to control the deficit and prevent a collision between fiscal and monetary policy."Big deficits today are nothing more than more tax increases tomorrow, ...

U.S. deficit deal could head off debt-limit fight

WASHINGTON (Reuters) - As Washington gears up for a fight over the debt ceiling, lawmakers are considering an approach that would allow them to say they are adopting fiscal discipline over the long term even as they vote for increased borrowing.The approach, ...

Instant View: Obama lays out 'vision' for curing fiscal woes

WASHINGTON (Reuters) - President Barack Obama on Wednesday laid out his long-term strategy to reduce the U.S. budget deficit by $4 trillion over 12 years.He proposed four steps to achieving balance: savings on the defense budget, elimination of waste in healthcare spending, ...

Public prefers cutting defense spending: Reuters/Ipsos poll

WASHINGTON (Reuters) - A majority of Americans prefer cutting defense spending to reduce the federal deficit rather than taking money from public retirement and health programs, a Reuters/Ipsos poll released on Wednesday showed.The poll found 51 percent of Americans support reducing defense ...
A painful package of spending cuts and tax increases drew sharp challenges from both the left and right on President Barack Obama's deficit commission Wednesday, putting approval in doubt. However, both parties' Senate budget point men embraced the plan, and even opponents ...
AP-CNBC Poll: Service cuts a favored path for balancing budget, but little consensus on whereTo ease surging budget deficits, Americans prefer cutting federal services to raising taxes by nearly 2-1 in a new poll. Yet there is little consensus on specific, meaningful ...
So little time, so much to do as Congress heads into final stretchThe unemployed and millionaires. Doctors and black farmers. Illegal immigrants hiding from the law and gays hiding in the military. Along with just about everybody else, they all have something ...

Time To Redefine Gov't To Social Reality

America's budget problem boils down to a simple question: Defense spending constitutes a fifth of federal spending; projected deficits over the next decade are similar. The major spending programs, Social Security and Medicare, are wildly popular with roughly 50 million beneficiaries.. It ...

Obama State of the Union

Barack Obama addressed a joint session of Congress on the evening of January 27 , 2010 in his first annual State of the Union address. President Obama, currently experiencing some political trouble with a dissatisfied nation and a divided Congress, also spent ...
Analysis: Deficit panel pushes GOP, Dems, to accept higher taxes, spending cuts to curb debtThe leaders of the deficit commission are baldly calling out the budget myths of both political parties, challenging lawmakers to engage in the "adult conversation" they say they ...