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Showing blog posts tagged with Medicare

How the Sequester Will Affect Your State

The Washington Post recently released a handy state-by-state breakdown of how the sequester cuts will affect jobs and services in every state. These figures are based on White House estimates. Sen. Tom Harkin (D-Iowa) also details these harmful cuts here

See how the sequester would affect your state here

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House Progressive Caucus Co-Chairs Say 'Eliminate Sequester'

Photo courtesy of the House Progressive Caucus.

Reps. Raúl M. Grijalva (D-Ariz.) and Keith Ellison (D-Minn.), Congressional Progressive Caucus co-chairs, released a statement yesterday that there is one simple way we can deal with the upcoming Republican-manufactured faux budget crisis designed to extract painful benefit cuts to Social Security, Medicare and Medicaid: eliminate it. 

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Biggest Driver of Income Inequality? Income from Capital Gains and Dividends

Chart courtesy of Mother Jones.

A new, non-partisan study by Thomas Hungerford of the non-partisan Congressional Research Service confirms that the explosion of income inequality over the past 15 years is fueled by rapidly rising income from capital gains and dividends. 

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Krugman on ‘Sequester of Fools’

Paul Krugman has a pretty straightforward plan to deal with the sequester that’s due to hit March 1. The New York Times columnist and Nobel Prize-winning economist says, “The right policy would be to forget about the whole thing.” 

He bases his proposal on what Federal Reserve Vice Chair Janet Yellen said in her keynote address to the Trans-Atlantic Agenda for Shared Prosperity conference at the AFL-CIO headquarters in Washington, D.C., earlier this month. Fiscal austerity, such as the sequester and the latest doomsday alert from the Bowles-Simpson duo, is the enemy of real economic recovery. 

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New Resource Exposes Peter Peterson's 'Fix the Debt' Scam

New Resource Exposes Peter Peterson's 'Fix the Debt' Scam

"Fix the Debt" portrays itself as a nonpartisan group designed to convince government to do something drastic about the national debt, which it says is a significant danger to the country. And despite widespread evidence from economists that their proposals would hurt the economy, Fix the Debt's members are pushing for a set of policies based on tax cuts for corporations and the wealthiest Americans and benefit cuts to lifelines like Social Security, Medicaid and Medicare.

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Three Reasons Why Medicare Cost-Shifting Is the Wrong Solution

The president opened last week's State of the Union address, calling for "modest" changes to contain Medicare costs. One of the president's primary audiences, Congress, faces a series of deadlines in the coming months, including automatic spending cuts on March 1, expiration of the federal budget patch on March 27 and the impending debt ceiling this summer. Any one of these deadlines may force decisions about Medicare's future.

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How Do We Control Rising Health Care Costs? It's Medicare, Stupid

Photo courtesy of the National Committee to Preserve Social Security and Medicare: www.ncpssm.org

Americans overspend $750 billion in health care each year. One-fifth of our economy enriches very few at the expense of everyone else. Labs, drug companies, medical device makers, hospital administrators and purveyors of CT scans, MRIs, canes and wheelchairs are some of the entities and people reaping the financial rewards by gaming the health care system, writes Time magazine's Steven Brill in a fascinating, in-depth look at why health care prices are just "too damn high" in Bitter Pill: Why Medical Bills Are Killing Us

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In Sequester Fight, Boehner's Willing to Sacrifice the Hostages

Photo courtesy of Rep. Ron Barber's congressional website.

House Speaker John Boehner (R-Ohio) continues to lead the Republican charge to the March 1 deadline, when arbitrary, across-the-board sequestration cuts in everything from mental health services to public safety kick in. In a cynical drive to wring massive concessions in cuts from Social Security, Medicare and Medicaid, Boehner and the Republicans are willing to inflict hardships on working families and bring disaster to the economy.

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Across the Nation, Working Families Say Stop Sequestration

Photo by Sara Wallenfang

Detroit’s below freezing temperatures and gray winter skies didn’t deter a group of union and community activists from gathering downtown in front of a Chase Bank to build support to ensure that corporate special interests like Chase pay their fair share in taxes.

The morning action was just one of more than 100 events in a national day of action urging Congress to avert the $85 billion in arbitrary, across-the-board sequestration cuts in everything from mental health services to public safety scheduled to take effect March 1.

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Small Business Owners Oppose Cuts to Social Security, Medicare, Medicaid

A new poll from Small Business Majority shows that small business owners oppose suggested benefit cuts to social safety net lifelines. The poll shows that 80% oppose cuts to Social Security, while nearly 75% oppose cuts to Medicare and about 66% oppose cuts to Medicaid.

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