Budget Battles
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How Congress Cheats with Our Money — and How We Can Stop It
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April Is Financial Literacy Month. Someone Tell Congress.
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When the Budget Won’t Balance, Just Get Rid of the Budget Committee?
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With Recent Laws, Congress Has Added $540 Billion to the 2019 Deficit
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Why Trillion-Dollar Deficits Matter
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Paul Ryan's Fiscal Legacy: Lots of Red Ink
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Why Almost No One Is Happy About This Week's Balanced Budget Amendment Vote
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Would a Democratic Win in the Midterms Lead to Lower Prescription Drug Prices?
We’re 200 days away from November’s midterms, and while we don’t want to get too far ahead of ourselves — 200 days, after all, could also be counted as about 20 Scaramuccis in Trumpworld — Goldman...
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Medicaid’s $37 Billion 'Improper Payments' Problem
By Michael RaineyTotal outlays for Medicaid reached $596 billion in the 2017 fiscal year, up from $565 billion in 2016, and the program’s vast size and complexity makes it particularly vulnerable to issuing large...
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Paul Ryan's Fiscal Legacy: Lots of Red Ink
House Speaker Paul Ryan announced Wednesday that he won’t seek re-election this year and will retire at the end of his term in January, becoming the most prominent in a wave of Republican lawmakers...
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Yellen, Democratic Economists Say Fixing Debt Crisis Isn’t All About Entitlements
Late last month, a quintet of big-name Hoover Institution economists warned in a Washington Post op-ed that a coming “string of perpetually rising trillion-dollar-plus deficits” could soon lead to a...
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How Walmart Could Fix the US Health Care System
By Christina Farr and Lauren Hirsch, CNBCWalmart, the nation's biggest employer, is trying to redesign how U.S. health care works. It's one of the few companies that has the power to succeed. The retailer has been having early-stage talks...
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California Takes On Health Giant Over High Costs
By Chad Terhune and Ana B. Ibarra, Kaiser Health NewsCalifornia’s attorney general sued Sutter Health, accusing the hospital giant of illegally quashing competition and for years overcharging consumers and employers. The lawsuit marked a bold move by...
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Obamacare Plans Could See Double-Digit Rate Hikes
By Michael RaineyCongress failed to include an Obamacare stabilization package in the omnibus spending bill, and you can expect to see big price hikes for health care plans sold on the Obamacare exchanges in 2019,...
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Elizabeth Warren Has New Plan to Improve Health Care – and It Isn’t Medicare for All
A recent poll found that likely voters want the Democratic Party to prioritize health care if it controls Congress and the White House in 2021. Sen. Elizabeth Warren (D-MA) is on it. Warren on...
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White House Says Obamacare Insurers Are Raking In Healthy Profits
Health insurers are now making healthy profits in the Affordable Care Act markets, the White House Council of Economic Advisers says in a new report . “Despite significant initial financial losses in...
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Drug Prices Still Rising
By Michael RaineyShortly before taking office, President-elect Trump famously said that drug makers were “getting away with murder” and vowed to “bring down drug prices.” But a new analysis by Pharmacy Benefits...
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Liberal Think Tank Warns Restoring Obamacare Insurer Payments Could Backfire
By Michael RaineyThe Center on Budget and Policy Priorities warned Friday that restoring cost-sharing reduction (CSR) payments to insurance companies participating in the Obamacare markets could end up doing more...
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Military’s New Digital Health System Is a Billion-Dollar Bust So Far
By Michael RaineyPolitico reports that a multi-billion-dollar effort by the Pentagon and the Veterans Administration to create a unified, electronic medical record system has failed to reach its objectives so far,...
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Arkansas Gets the Green Light for More Conservative Medicaid Rule
By Michael RaineyWith the blessing of the Trump administration, Arkansas is taking Medicaid work requirements to a new level. The administration on Monday granted the state permission to create work requirements for...
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The $82 Trillion Problem Washington Has Stopped Talking About
Now that “the anti-deficit hysteria of the Great Recession has given way to a backlash of complacency,” lawmakers and the public are ignoring “an $82 trillion avalanche of Social Security and...
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Why Tax Cuts for Health Care Companies Won’t Benefit Patients
By The Fiscal Times StaffThe tax cuts passed in December will drop billions of dollars on the bottom lines of U.S. businesses, and most of that money is expected to end up in the pockets of investors through dividends and...
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