Tag Archives: taxes

Medicare: Good Intentions – Dreadful Design

News headlines repeatedly remind us that Medicare, the federal medical insurance program established in 1965 for those over 65, is burdened by rampant waste, fraud and abuse and is financially unsustainable. Payroll taxes that are suppose to fund Medicare are … Continue reading

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People Power

A recent article proclaimed:  “President Barack Obama appeals directly to the public in hopes of influencing a deficit reduction deal.” That was a step in the right direction as Congress was largely dysfunctional during the debt ceiling negotiations. Therefore, it made perfect … Continue reading

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Politics as Usual

Hallelujah, the debt ceiling’s been raised; the U.S. won’t default! It’s time to celebrate; well maybe not so fast. The hard part remains in front of us. First, a second round of spending cuts has to be negotiated – by … Continue reading

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