Federal spending mandated by our major entitlement programs (Social Security, Medicare, Medicaid) today comprises the majority of the federal budget and will bankrupt the United States absent imminent structural reforms.
Not only do these entitlement programs drain federal spending dollars, but they don’t do a particularly good job of delivering promised services and benefits. Social Security provides a shameful rate of return for most recipients, especially when compared with private sector alternatives. And seniors and the poor are finding it increasingly difficult to find a doctor who will accept Medicare or Medicaid patients.
IPI has proposed specific, concrete solutions that would not only make these programs solvent and sustainable, but also deliver superior benefits. Entitlements should not be reformed solely for the benefit of the federal government, but also for the benefit of taxpayers and recipients.
The Alternate Plan: Texas Counties Pioneer Social Security Reform
In a new publication, The Private Sector Can Reform Social Security’s Disability Program, Dr. Merrill Matthews, Ph.D., a resident scholar with the Institute for Policy Innovation, outlines how Galveston County opted out of Social Security in 1981 with Matagorda and Brazoria counties following suit in 1982. The three counties instead adopted what’s known as the “Alternate Plan.”
Let The Private Sector Reform Social Security's Disability Program
Social Security's disability program is in poor financial shape, but a new publication explains how a private sector reform, modeled after a program that's been around for nearly 35 years, would provide the disabled and survivors with better benefits while helping remove some of the strain from Social Security.
The Private Sector Can Reform Social Security's Disability Program
Social Security's disability program is in bad financial shape. A private sector reform, modeled after an program that's been around for nearly 35 years, would provide the disabled and survivors with better benefits while helping remove some of the strain from Social Security.
The Private Sector Can Reform Social Security's Disability Program
Social Security's disability program is in bad financial shape. A private sector reform, modeled after a program that's been around for nearly 35 years, would provide the disabled and survivors with better benefits while helping remove some of the strain from Social Security.
Privatizing Social Security's Disability Program Would Help The Disabled
How about we quit nibbling at the edges of Social Security reform and try a plan that would not only help save the financially struggling program, which currently faces $13.4 trillion in unfunded liabilities, but improve benefits for the disabled.
Chris Christie Proves He Can Redistribute Money Like Barack Obama
Christie was in New Hampshire this week testing the presidential waters and decided to roll out a Social Security reform plan: Take money away from wealthier seniors and give it to lower-income seniors.
How the Food Stamp Program Is Like the U.S. Export-Import Bank
The U.S. Export-Import Bank is one of the best examples of cronyism: we fund other countries to buy our products. Well, that's similar to what we do with the farm bill and the food stamp program.
Medicare's Becoming A Means-Tested Welfare Program, And That Could Be A Good Thing
Those fighting to keep Medicare from becoming a means-tested welfare program are losing the battle, but that might be the only way we’re ever going to get real Medicare reform.
How About a Bold Plan for Reforming Social Security's Disability Program
If we are going to reform the Social Security disability insurance program, let's be bold and privatize it.
The White House Lied About Those Getting Amnesty Not Receiving Welfare Benefits
We are going to have to forget that old maxim that “crime doesn’t pay,” because in Obama’s redistribution economy crime (i.e., entering the country illegally) pays handsomely.
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