Last week, the Congressional Budget Office released an interesting infographic depicting the growth since 1972 in spending on federal means-tested programs and tax credits, such as Medicaid, the Earned Income Tax Credit (EITC), and the Supplemental Nutrition Assistance Program (SNAP, formerly known as the Food Stamp program). The expansion of such programs has been staggering: … Continue reading
Tag Archives: Medicaid
Social Security: A Little Reform Today Might Solve a Big Problem Tomorrow
The CBO’s budget and economic outlook, released last week, looks bleak. And one of the drivers of future budget shortfalls? Social Security. During the Feb. 13th house budget hearing on CBO’s outlook, Rep. John Campbell (CA) asked Doug Elmendorf – CBO Director – if we were in a pickle with regards to the U.S. budget. … Continue reading
Medicaid Expansion: The Bigger Picture
With 63 million enrollees, Medicaid provides coverage to low-income families, individuals with disabilities, and elderly individuals on Medicare who need assistance with cost sharing or services not covered under Medicare (dual eligibles). In 2009, the Medicaid program dished out $346 billion on health care services, or $5492 per enrollee (obviously spending varies per person depending … Continue reading
DNC 2012: The “Things You Shouldn’t Say Out Loud” Department
Watching the Democratic National Convention, I’ve been struck by one overarching thought: whatever you believe about the issues discussed, many of them are not things that should be said out loud, at least if you’re trying to attract votes. It’s obvious that the Democratic Party has taken this opportunity to speak to their base. The … Continue reading