Also, spending is well entrenched with most of the revenue spent on entitlement programs and defense.
Meanwhile, Democrats jealously guard their entitlement programs while Republicans maintain fealty to their mandate on taxes.
FORBES: Cut Spending By Returning To Founding Principles Of Federalism
Serious reform of entitlement programs is critical to any fiscal plan that is to be successful.
Forget the grandiose paper plans projecting long-run spending reductions from changes to entitlement programs.
FORBES: In Passing The Most Recent Budget, Congress And The President Lied
But we also have to cut the cost of government, and reform our entitlement programs.
FORBES: The Federal Budget: Promises to Ourselves We Shouldn't Keep
As with all of these entitlement programs, there are issues in terms of long-long-term strength.
The big federal entitlement programs, Medicare and Medicaid, pay hospitals far less than private insurers do.
FORBES: Goal of the NYU-Continuum Hospital Mega-Merger: Raising Prices
These are analogous to those federal entitlement programs we keep hearing about: Social Security, Medicare, and Medicaid.
Of course, the big picture comprises the entire scope of entitlement programs, including Social Security and Medicare.
But many political leaders say meaningful deficit reduction cannot be accomplished without making changes to entitlement programs.
WSJ: WSJ/NBC News Poll Finds Support Lacking for Entitlement Reductions
Beyond the current debt are the unfunded liabilities for entitlement programs that come due in the future.
All of this is coming at time, of course, when our entitlement programs are in real trouble.
The baby boomers are starting to retire and will consume an ever larger share of these entitlement programs.
Our federal deficit problem requires reforming the entitlement programs, the biggest of which are entitlements for the elderly.
FORBES: Why Does The Federal Government Subsidize Retirement?
It is the very same problem we face now with Social Security and the other major retirement entitlement programs.
The last reason to avoid a Medicare tax increase: our entitlement programs are already heavily financed by the rich.
Both men say they want to strengthen the entitlement programs, not undermine them.
Republicans want to protect tax rates and Democrats want to protect entitlement programs.
FORBES: A Bad Sequester Is Worlds Better Than No Budget Deal At All
It has necessitated expansions of various costly health care entitlement programs like SCHIP.
Similar cash payments are found throughout all of the other entitlement programs, like the defined benefit of social security.
FORBES: Let's Be Honest - Medicare is Insolvent And Doctors Soon Won't Accept It
And it ought to be foremost in our mind as we consider our entitlement programs and what we do.
Democrats refused to cut entitlement programs, such as Social Security and Medicare.
And, to be fair, Democrats are rarely in a compromising mood when it comes to cuts to entitlement programs.
He has put on the table specific cuts and savings in entitlement programs, including our health care entitlement programs.
And we were calling for modifications to entitlement programs, would have saved just as much over the 10-year window.
This idea, which was originally proposed by Milton Friedman, would do away with welfare and all government entitlement programs.
FORBES: Distrust And Disenchantment With IRS Make Reform Inevitable
Today, the overwhelming majority of Americans on entitlement programs are taking "means-tested" benefits.
WSJ: Nicholas Eberstadt: Yes, Mr. President, We Are a Nation of Takers
Much has been discussed about the cost of entitlement programs and defense, and certainly there is room for savings here.
We've got a long-term structural deficit that is primarily being driven by health care costs and our long-term entitlement programs.
WHITEHOUSE: President Obama Closes Forum on Jobs and Economic Growth
The Supercommittee has broad latitude to recommend spending cuts, including cuts to entitlement programs, and to recommend increases in revenue.
应用推荐