What's Happening To Americans' Income?

April 1995 marked the beginning of the fifth consecutive year of U.S. economic expansion.  Despite this good news, media reports often paint a bleak picture of the average American worker's prospects. Such reports cite studies that claim wages and incomes are falling, the pace of economic progress is slower than in the past and not everyone is sharing equally in the economy's gains. In light of these contrasting views on the economy, it is understandable that many people are seeking clarification.

The 1996 Election: A Choice of Visions

The football season and the State of the Union message are behind us. In another few weeks the election of 1996 will be upon us. In these few days of calm before the Iowa caucus, we need to reflect upon the social and political transitions of our times and how they impact the November elections.

Time For A New Tax System

The objective of the Tax Reform Commission appointed by Speaker Gingrich and Majority Leader Dole was, in the words of its chairman, Jack Kemp, "to tear apart the whole tax code…and draft…a dramatic reform."

NIH Endorses Patient Power

A group of scientists made a pronouncement about mammograms the other day, and it's causing great consternation. After much study and deliberation a panel convened by the National Institutes of Health (NIH) said it could not recommend regular mammograms for women in their 40s. Instead, the panel said, women under 50 should decide for themselves if and when to have a mammogram.

Medical Savings Accounts Good for the Poor; Good for the Sick

Medical Savings Accounts (MSAs) are designed to give individuals and their doctors more control over health care spending. Instead of a low-deductible health insurance policy, legislation before Congress would let employees and their employers choose high deductible insurance and put the premium savings in a tax free personal account to pay small medical bills. Employees could keep any money in the MSA at the end of the year, or roll it over to pay future medical expenses.

Medical Savings Accounts: Only for the Lucky and the Swift

The fortunate few who get an MSA will be able to make tax-deductible contributions to an account to pay routine medical expenses. The accounts are coupled with high-deductible insurance that pays catastrophic expenses. Premiums are lower for high-deductible policies, so the premium savings can provide some or all of the money for the account.

Three Lessons for the GOP

Two years ago, the Democratic Party was imploding. Democrats were losing elections almost everywhere. They even lost mayoral elections in Los Angeles, and New York City and Jersey City – places where there virtually are no Republicans. They had no platform and no agenda.

What's at Stake for Patients

One of the most exciting and popular health care reforms these days is Medical Savings Accounts (MSAs). Legislation before Congress would allow employees and their employers to choose high deductible insurance and put the premium savings aside tax free to pay small medical bills. Employees would get to keep any money left in their personal MSA at the end of every year or roll it over to pay future medical expenses.