…n in 2012 to nearly $1.8 trillion in 2023. That $1 trillion jump in spending represents 55 percent of the difference between total, non-interest federal spending in 2023 compared to 2012. Put another way, and essentially by default, the major health entitlement programs will crowd out every other possible priority and consume more than half of all additional resources at the federal level. Looking further out into the future, the problem is ev… Read More.
Our paralyzed government is lurching toward an agonizing series of budget deadlines. Without some kind of deal, nearly $1 trillion in across-the-board spending cuts will kick in on March 1, the federal government could shut down on March 27, and the nation could default on its debts in May. On Tuesday, President Obama called the looming cuts, known as the sequester, a “meat-cleaver approach” as he urged Republicans to accede to highe… Read More.
…e the standardization of comparison information and then require insurers as well as employers not offering insurance to participate in the broad distribution of that information to the tax-credit-eligible public. The Role of Default Insurance As mentioned, a critical component of a market-based reform plan is the promise of continuous-coverage protection. The idea is to use the principle of the marketplace to provide strong incentives to stay in… Read More.
John D. Mueller, Lehrman Institute Fellow in Economics at the Ethics and Public Policy Center, delivered these remarks at a panel on “Family — The First Economy” sponsored by Patriot Voices and the Clapham Group on December 10, 2012, in Washington, D.C. Let me thank Senator Rick Santorum’s Patriot Voices, Mark Rodgers and the Clapham Group for organizing this timely panel on “Family — The First Economy.”… Read More.
Presentation to the Tenth Annual UNICEF-Georgetown International Development Conference (IDC). I’m honored to address the 10th UNICEF-Georgetown International Development Conference (IDC). Since the theme of this year’s conference–”Educate, Empower, Enlighten”–begins with education, and international development is simply a broad view of human development, I’d like to discuss the interconnection between… Read More.