Medicare tax gets you mandatory program for health insurance that costs fortune in co-pays, deductibles

The usual self-centered politicians and their masters at Fix the Debt, Libertarian Caucus, Tea Party and Fox News, along with a pack of pitiful former government officials like Ed Rendell, this week bemoaned the so-called "doc fix", which brings Medicare payments to providers up to miserable levels, instead of a 21%  cut. That reduction in … Continue reading Medicare tax gets you mandatory program for health insurance that costs fortune in co-pays, deductibles

If we extend Social Security benefits to the richest, we can stop fiscal hawks’ insane crusade to raise the retirement age to 70

Under the current Social Security rules, anything we do that creates a higher percentage of low paid workers than currently, results in a larger deficit for the entire government pension system and hastens the day when less money is paid into FICA taxes than is paid out in benefits. The reason: Social Security has been … Continue reading If we extend Social Security benefits to the richest, we can stop fiscal hawks’ insane crusade to raise the retirement age to 70