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The news for the last several years about underfunded pension programs for teachers, nurses, and other state and local workers has been bad. But that may be changing.
The stock market’s rebound from its depths in …
President Obama’s proposed budget would move toward past practice by taxing dividend income for higher-income earners at the same rate as ordinary income, beginning in 2013 (see chart). The change would reduce deficits by $108 billion …
The House-passed budget would convert Medicare to a “premium support” voucher to purchase private health insurance or …
On April 23, the Social Security Board of Trustees issued its annual report on the program’s financial status.[1] The report shows some deterioration in the program’s finances since the 2011 report. While that revision — which …
Several conservative analysts and some journalists lately have cited figures showing substantial growth in recent years in the cost of federal …



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