Budget Basics: Medicare
Medicare is an essential health insurance program serving millions of Americans, and a major part of the federal budget and our fiscal outlook.
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Medicare is an essential health insurance program serving millions of Americans, and a major part of the federal budget and our fiscal outlook.
Similar to previous years, this budget largely relies on very optimistic projections of economic growth and unlikely budget cuts to reduce the deficit.
The two proposals present distinct visions of the role of the federal government in our economy.
https://www.pgpf.org/analysis/fy-2015-budgets-comparing-chairman-ryans-and-the-presidents-proposals
The president's budget misses an opportunity to address the structural causes of our debt and relies instead on overly optimistic economic assumptions.
The budget projections from the Congressional Budget Office (CBO) in August reaffirm the perilous path of deficits and debt expected over the next decade.
The 114th Congress has a new opportunity to address our debt and long-term fiscal challenges, strengthen our economy, and put our nation's fiscal future on a sustainable path.
Under CBO's own economic and technical assumptions, interest costs would climb sharply and mandatory spending would continue to grow.
https://www.pgpf.org/analysis/cbo-analysis-debt-remains-high-under-presidents-budget
Here are principles for reform to help ensure that our budget process is conducive to fiscally responsible policymaking.
Federal trust funds bear little resemblance to their private-sector counterparts.
https://www.pgpf.org/budget-basics/budget-explainer-what-are-federal-trust-funds
The legislation is fiscally irresponsible and will add significantly to America's national debt.
https://www.pgpf.org/analysis/congress-passes-costly-and-unfunded-tax-legislation