Cancel the Flawed F-35 and Free Up Billions for Better Aircraft and Domestic Needs

America's fighter and attack aircraft fleet is aging. Unfortunately, the only real program in place to address this issue – the F-35 "Lightning II" Joint Strike Fighter – is producing overpriced aircraft with fundamental design problems that will make them inferior weapons. The program should be cancelled. America's current fighter and attack jets should be refurbished, and the military should start new programs that are not excessively expensive. This would provide better national security and free up funds for vital domestic programs.

read in full

Means-Testing Would Undermine the Medicare Program

President Obama has proposed increasing "means-testing" within the Medicare program as a way to reduce the federal budget deficit; in other words, higher-income seniors would pay more for their health care under the program. This is one of the worst ways to achieve savings through cuts to Medicare and could impose significant costs on middle-income seniors, reduce health care coverage, and undermine political support for the effective program.

read in full

Medicare Savings: Cut Benefits to the Elderly or to Big Pharma's Windfall Profits?

Potentially central to any fiscal deal later this year are savings in the government's popular Medicare program that currently helps about 52 million Americans obtain health care. However, the way those savings are achieved will have vastly different consequences for older Americans.

read in full

Agribusiness Subsidy Cuts Could Save Food Stamps in the Farm Bill

Last week, the House broke with four decades of congressional tradition and narrowly passed a federal Farm Bill, 216-208, without any Democratic support. The break in tradition came when the House stripped nutrition programs – notably food stamps, vital to nearly one in seven struggling Americans – out of the bill after many Republicans voted against an earlier version because they felt it did not cut enough out of the food stamp program.

read in full

Defense Savings Could Partially Offset Sequestration

Sequestration's blunt approach to spending reductions is bad policy, and legislators from both parties have recognized this and proposed targeted savings at the Department of Defense (DOD) as a partial alternative. The amount of money at stake is significant. DOD and other defense-related spending typically represents more than 50 percent of federal discretionary spending each year.

read in full

Slashed Public Payrolls Make the Unemployment Problem Worse

Although the private sector has been adding jobs, the United States still has roughly 2.4 million fewer jobs as of May 2013 than it did at the beginning of the latest recession, which started in December 2007, according to the Bureau of Labor Statistics. But the problem is even greater. Given a growing population and the number of discouraged and underemployed workers, to reach an unemployment rate closer to the historical norm, more than 8.5 million jobs need to be created.

read in full

As Austerity Shrinks Government Budgets, Contractor CEO Pay and Public Costs Set to Rise

In the midst of shrinking federal spending on infrastructure, scientific research, Head Start, and other government programs, the costs of government contractor executives' salaries and compensation are set to soar unless Congress takes action. This is another example of how current government policies transfer resources to the wealthy and away from the programs that broadly support and grow a vibrant middle class.

read in full

Pages