Václav Klaus, 2003 Distinguished Leader at the National Center for Policy Analysis (NCPA) has been elected president of the Czech Republic, according to Radio Prague and Czech Radio.
Medicaid is enormously expensive. For the second year in a row, spending on Medicaid (for the poor) will exceed spending on Medicare (for the elderly).
Medicaid costs rose 13 percent last year and by an average of 9 percent a year since 1997. Further, states now spend approximately $30 billion more on Medicaid than they do on Medicare each year — $280 billion versus $250 billion. That's almost $1,000 for every man, woman and child in the country – or $4,000 for a family of four.
Congress has created a variety of accounts to encourage saving in general and for specific purposes – including retirement, education, health care and house down payments. President Bush has proposed consolidating and simplifying some of these accounts to make it easy for any employer to create a retirement savings plan and for all workers to establish savings accounts.
States could save hundreds of thousands of budget dollars spent on Medicaid programs just by becoming smarter buyers of health care.
Oregon is one of America's more liberal states. It has voted Democratic in every presidential election since Ronald Reagan and has not elected a Republican governor in 20 years. But in a Jan. 28 referendum the people of Oregon voted 54% to 46% to cut state spending by $310 million rather than raise income taxes by 0.5% to balance the budget.
Life is really getting difficult for opponents of Social Security personal retirement accounts. Evidence continues to build that personal accounts – if properly implemented – will have none of the dire effects that opponents claim.
Mandated health insurance benefits are laws requiring insurers to cover specific providers and procedures not usually included in basic health care plans. In 1965 there were only seven state-mandated benefits nationwide. Today there are close to 1,500.
Bruce Bartlett, senior fellow with the National Center for Policy Analysis (NCPA), will appear tonight (Friday, February 07, 2003) on CNBC's Capitol Report.
In testimony today before a joint hearing of the House and Senate Democratic Policy Committees, National Center for Policy Analysis (NCPA) Senior Fellow Bruce Bartlett refuted the argument that increased deficits would raise interest rates.
Mr. Chairman, thank you for the opportunity to discuss the administration's budget request for FY 2004. I would just like to emphasize at the outset that I am not an administration official and do not in any way speak for the administration. Furthermore, while I am generally sympathetic with the administration's philosophy, I don't necessarily support every particular of its budget priorities. I am here speaking only for myself and not on behalf of the National Center for Policy Analysis, the Bush Administration, the Republican Party or anyone else.
Despite claims that war could disrupt global oil markets, the National Center for Policy Analysis (NCPA) says there is enough oil to meet our needs for the next 100 years.