The printing and paper industry is trying to make sure you always get your government in hard copy.
Washington spends most of its time fretting over the problems Social Security and Medicare could cause for the budget. But two new reports underscore the problems they might solve for the country.
Just because the affluent live longer doesn't mean we can't raise the age for Social Security and Medicare eligibility.
Above all else, the Republican Party wants to cut entitlements. But the one thing they absolutely won't do is cut entitlements.
"From a purely statistical standpoint, the growth of entitlement spending over the past half-century has been distinctly greater under Republican administrations than Democratic ones."
A new paper alleges that growing spending in Social Security, Medicare, and Medicaid is crowding out spending on investments like education, research and development, and infrastructure. There are two reasons why this is misleading.
Those who wait to sign up are expected to collect benefits for less time, so the government has adjusted their benefits upward since the 1950s. But two researchers point out that, due to the adjustment formula that the program uses, the combination of longer life expectancy, new rules regarding couples, and historically low interest rates tend to allow late joiners to collect Social Security benefits more over their lifetimes.