By following through on entitlement reforms started in the 1990s, Congress can defuse a ticking entitlement-spending time bomb and allow states to lead the way on holding costs down and better serving taxpayers.
On January 5, Compact for America Education Foundation President & Executive Director Nick Dranias was a guest on Michigan’s Frank Beckmann show. Sitting in for Frank Beckmann and conducting the interview was M. L. Elrick. Dranias discussed his organization Compact for America and their plan to fix the national debt crisis.
“Government is the great fiction through which everyone endeavors to live at the expense of everyone else,” wrote the celebrated French legislator, economist, and political theorist Frederic Bastiat 165 years ago. With recent reports out of the Census Bureau indicating nearly half of all Americans are receiving some form of direct government subsidy – Social Security, Medicare, Medicaid, food stamps, unemployment benefits, housing assistance, veterans’ benefits, etc. – can there be any doubt he was right?
The total federal government spending in 2013 totaled $3,454,253,000,000—over $3.4 trillion—encompassing defense, highway and transportation costs, public education, immigration services, and government worker salaries, to name a few.
The American Dream is one of the driving concepts in our country’s national story, one that occupies a special place in the national discourse. It is a sort of national ethos, born out of various statements of the Founding Fathers, particularly Thomas Jefferson’s in the Declaration of Independence: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”
The goals of limited government, fiscal responsibility, traditional values, and strong defense have been an ever-present litany of bullet points from Republican politicians – but talking about limited government and actually delivering on it are two very different things.
President Barack Obama released his 2014 budget proposal, which would spend $3.8 trillion. The budget contains a tax hike of some $800 billion, including a requirement that “millionaires” pay at[…]
The competing budgets released last week by House Budget Committee Chairman Paul Ryan (R-WI) and Senate Budget Committee Chairwoman Patty Murray (D-WA) definitively define the growing differences between the two[…]
President Obama said at his increasingly notorious press conference on Monday, “America cannot afford another debate with this Congress about whether or not they should pay the bills they have[…]
Fundamental, structural, entitlement reforms, proven to work in the real world, would provide far better benefits for seniors and the poor, while slashing future entitlement spending. Indeed, over the long[…]
John Boehner is a good man in a hard place. He has served in public office as a lifelong conservative, not a RINO. His position on the Obama tax increases[…]
[First posted at Forbes.] Steve Moore begins his brilliant new book, Who’s the Fairest of Them All? The Truth About Opportunity, Taxes and Wealth In America, quoting President Obama saying: We’ve sought[…]
[First published at The American Spectator.] It seems like everyone is piling on my college friend Grover Norquist because they can’t wait to abandon the tax pledge not to raise[…]
On Saturday, Peter Ferrara, a senior fellow for entitlement and budget policy at The Heartland Institute, was a guest on Larry Kudlow’s nationally syndicated radio show. Kudlow explained that he[…]
[First posted at Forbes] DNC Chairwoman Debbie Wasserman Schultz described the Medicare reforms proposed by GOP Vice-Presidential nominee and House Budget Committee Chairman Paul Ryan (R-WI) as “literally a death[…]
[Published at Investors Business Daily, September 26] When we talk about recipients of entitlements, we are typically referring to either of two kinds of Americans: the poor and the elderly.[…]