Medicare: Protecting Seniors for 50 Years

Fifty years ago, the United States created the Medicare insurance program – which has significantly increased the affordability of health care for America’s seniors, as well as those with certain disabilities and medical conditions. Today, close to 55 million people are covered by Medicare, and 60 percent of Americans say the program is working well for most seniors.

read in full

CBO Says We Have a Tax Problem, Not a Spending Problem

On Sept. 17, the non-partisan Congressional Budget Office (CBO) released its 2013 Long-Term Budget Outlook, and it has some great news. Specifically, CBO is predicting substantially lower health care spending this year and 25 years into the future.

read in full

Why "Obamacare" Supporters Need to Care about the Health of the Regulatory System

By now, you’ve almost certainly heard about the U.S. Supreme Court’s landmark decision in “the health care case” (National Federation of Independent Businesses v. Sebelius).  In short, the majority ruled that the mandate is a legitimate exercise of Congress’s power to tax and that financial incentives can be used to encourage states to expand Medicaid eligibility.

read in full

CTJ: For Some in Congress, Priorities Lie With the Rich

Citizens for Tax Justice

According to a new report released today by Citizens for Tax Justice (CTJ), the tax cuts passed under President George W. Bush, which provide benefits mostly to the rich, will cost the country $2.5 trillion over the decade after they were first enacted (2001-2010). A number of lawmakers who voted for the Bush tax cuts have recently been arguing against health care reform legislation aimed at helping all Americans, claiming reforms are "too costly." How can this be?

read in full

Medicare is the Culprit

On July 8th, Peter R. Orszag, the Director of the Office of Management and Budget, wrote a letter to Reps. George Miller (D-CA), Charles Rangel (D-NY), and Henry Waxman (D-CA), to express the Administration's support for the policy changes that have been discussed thus far.  After commending their efforts thus far to make policies deficit-neutral, Orszag writes that these changes are not enough.

read in full

CTJ and RRAN Call for Funding Health Care through Responsible Tax Reform

Citizens for Tax Justice

This morning, Citizens for Tax Justice (CTJ), in conjunction with Rebuild & Renew America Now (RRAN), a tax policy group, released a report outlining two tax reform proposals devised to help pay for the much anticipated overhaul of the U.S. health care system by Congress. The proposals, designed to place the least amount of tax burden on low and middle-income families, call for an expansion of the Medicare tax and a limitation on itemized deductions. According to CTJ, the two tax reforms could yield as much as $60.5 billion in the first year and $760 billion over the course of a decade. The report breaks down how the tax reforms would affect citizens of different income levels on a state-by-state basis. In addition to the report, Deborah Weinstein, Executive Director of the Coalition on Human Needs, which is part of RRAN, published an opinion piece on Huffington Post arguing for responsible revenues to pay for health care reform.

read in full

From the Tax Policy Center

Here's the latest from the Urban-Brookings Tax Policy Center:

TAX EVASION, IRS PRIORITIES, AND THE EITC Leonard E. Burman Testimony to United States House of Representatives

THE AMT: PROJECTIONS AND PROBLEMS Leonard E. Burman, William G. Gale and Jeff Rohaly TAX NOTES, July 7, 2003

read in full