Budget Battles
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How Congress Cheats with Our Money — and How We Can Stop It
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April Is Financial Literacy Month. Someone Tell Congress.
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When the Budget Won’t Balance, Just Get Rid of the Budget Committee?
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With Recent Laws, Congress Has Added $540 Billion to the 2019 Deficit
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Why Trillion-Dollar Deficits Matter
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Paul Ryan's Fiscal Legacy: Lots of Red Ink
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Why Almost No One Is Happy About This Week's Balanced Budget Amendment Vote
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Would a Democratic Win in the Midterms Lead to Lower Prescription Drug Prices?
We’re 200 days away from November’s midterms, and while we don’t want to get too far ahead of ourselves — 200 days, after all, could also be counted as about 20 Scaramuccis in Trumpworld — Goldman...
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Medicaid’s $37 Billion 'Improper Payments' Problem
By Michael RaineyTotal outlays for Medicaid reached $596 billion in the 2017 fiscal year, up from $565 billion in 2016, and the program’s vast size and complexity makes it particularly vulnerable to issuing large...
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Paul Ryan's Fiscal Legacy: Lots of Red Ink
House Speaker Paul Ryan announced Wednesday that he won’t seek re-election this year and will retire at the end of his term in January, becoming the most prominent in a wave of Republican lawmakers...
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Yellen, Democratic Economists Say Fixing Debt Crisis Isn’t All About Entitlements
Late last month, a quintet of big-name Hoover Institution economists warned in a Washington Post op-ed that a coming “string of perpetually rising trillion-dollar-plus deficits” could soon lead to a...
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How Walmart Could Fix the US Health Care System
By Christina Farr and Lauren Hirsch, CNBCWalmart, the nation's biggest employer, is trying to redesign how U.S. health care works. It's one of the few companies that has the power to succeed. The retailer has been having early-stage talks...
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California Takes On Health Giant Over High Costs
By Chad Terhune and Ana B. Ibarra, Kaiser Health NewsCalifornia’s attorney general sued Sutter Health, accusing the hospital giant of illegally quashing competition and for years overcharging consumers and employers. The lawsuit marked a bold move by...
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Obamacare Plans Could See Double-Digit Rate Hikes
By Michael RaineyCongress failed to include an Obamacare stabilization package in the omnibus spending bill, and you can expect to see big price hikes for health care plans sold on the Obamacare exchanges in 2019,...
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Elizabeth Warren Has New Plan to Improve Health Care – and It Isn’t Medicare for All
A recent poll found that likely voters want the Democratic Party to prioritize health care if it controls Congress and the White House in 2021. Sen. Elizabeth Warren (D-MA) is on it. Warren on...
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White House Says Obamacare Insurers Are Raking In Healthy Profits
Health insurers are now making healthy profits in the Affordable Care Act markets, the White House Council of Economic Advisers says in a new report . “Despite significant initial financial losses in...
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Drug Prices Still Rising
By Michael RaineyShortly before taking office, President-elect Trump famously said that drug makers were “getting away with murder” and vowed to “bring down drug prices.” But a new analysis by Pharmacy Benefits...
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Why Amazon, Berkshire and JPMorgan Are Teaming Up on Health Care
By Michael RaineyAmazon, Berkshire Hathaway and JPMorgan Chase announced plans Tuesday to create an independent, non-profit company to provide health care services for their employees. Although details are scarce,...
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Why More Red States Could Expand Medicaid … Thanks to Trump
By Michael RaineyThe Trump administration’s decision to let states impose work requirements on Medicaid recipients may result, ironically enough, in more red states expanding the health care program, according to...
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Why the Obamacare Cadillac Tax Might Be Out of Gas
The House Republican bill to avert a government shutdown and fund federal spending for four more weeks also calls for delaying implementation of three Obamacare taxes: A 2.3 percent tax on medical...
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VA May Team Up with Hospitals to Manufacture Generic Drugs
By Lydia Ramsey , Business InsiderHospitals are getting into the generic drug business. For years , health systems have been on the hook for skyrocketing drug prices for injections or drugs delivered through IV solutions. And as of...
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Number of Uninsured Americans Rose by 3.2 Million in 2017
By Michael RaineyThe uninsured rate for U.S. adults hit a low of 10.9 percent at the end of 2016, but it’s been on the rise since then, Gallup reported Tuesday. By the end of 2017, the rate had risen to 12.2 percent...
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