CBO Report Increases Urgency for Entitlement Reform
The Congressional Budget Office (CBO) released a report last month projecting an increase in the federal budget deficit relative to the gross domestic product (GDP) for the first time…
Generational Theft: Lack of Social Security Reform in 2016
Social Security funds are set to dry up by the year 2034. In an election cycle with a focus on foreign affairs, national security, and the economy and jobs,…
Social Security Hurts Working Americans
Personal Freedom and Prosperity 103 ….private property, production, and voluntary exchange … are the ultimate sources of human civilization. —Hans-Hermann Hoppe Social Security Hurts Working Americans Most working…
Clock is Ticking on Entitlement Programs
Today marks the 50th Anniversary of Medicare and Medicaid, which were signed into law on July 30, 1965 by President Lyndon Johnson. These programs, along with Social Security, are collectively…
Leftist Democrats foolishly urge Obama to expand Social Security
A number of congressional Democrats have signed a letter to President Barack Obama urging him to consider expansion of Social Security, the 80-year-old program designed to provide retirement benefits to…
CBO Warns of Mounting Debt, Crickets from Congress
This week, the Congressional Budget Office came out with its Long-Term Budget Outlook for 2015. The report foreshadows growing deficits, mounting debt, and economic harm if the status quo…
CBO warns lawmakers that Social Security is still going broke
The Congressional Budget Office issued another dire warning last week on the ominous state of the Social Security, the social retirement and disability programs created by Congress in 1935 as part…
Gruber Says Seniors Need Less Choice in Health Care
You know what they say you should do when you’re stuck in a hole: stop digging. This is advice that could well have been heeded by ObamaCare Architect Jonathan Gruber,…
Next, Big Millennial Tax – Raise the Cap on Social Security
Personal Freedom and Prosperity 110: The Rule of Law A government with moral and legal authority promulgates written rules and universally, impartially and uniformly enforces the rules, which provides…
Government Pensions and the Enormous Burden on our Children and Grandchildren
####**Democracy and Power 104: Future Debt Burden** A government debt is a government claim against personal income and private property – an unpaid tax bill. —Hans F. Sennholz…