Medicaid Takes From Poor States And Gives To The Rich
Medicaid takes money from poor states and gives them to rich ones, according to new study by the National Center for Policy Analysis (NCPA).
Medicaid takes money from poor states and gives them to rich ones, according to new study by the National Center for Policy Analysis (NCPA).
Medicaid, the joint federal-state health care program for the poor and near poor, is the largest single expenditure by state governments today. At the rate the program is growing, it is on a course to consume the entire budgets of state governments in just a few decades.
Coal is critical to electricity production in many countries and the United States is no exception. It is a low-cost source of reliable, baseload power – continuously produced power necessary to keep electricity flowing.
Government at all levels in the United States currently spends about 7.2 percent of gross domestic product (GDP) on health care, mainly on Medicare and Medicaid. Yet Christian Hagist and Laurence J. Kotlikoff have shown that if benefits expand at the rate of the past 30 years and if the population ages the way demographers predict, government health care spending will equal one-third of national income by mid-century, when today's college students reach the retirement age.
States that have lower taxes, smaller government and flexible labor markets tend to have comparatively more economic growth.
Government at all levels in the United States currently spends about 7.2 percent of gross domestic product (GDP) on health care, mainly on Medicare and Medicaid. Yet Christian Hagist and Laurence J. Kotlikoff have shown that if benefits expand at the rate of the past 30 years and if the population ages the way demographers predict, government health care spending will equal one-third of national income by mid-century, when today's college students reach the retirement age.
Five high-profile women from the worlds of public service and journalism will share the stage at the National Press Club to discuss "Modern Families, Outdated Laws."
As Congress continues debate over reduction and possible elimination of the estate tax, a new study from the National Center for Policy Analysis (NCPA) undermines the chief argument made by proponents of the tax – that estate taxation prevents the concentration of wealth in the hands of financial dynasties.
It is commonly assumed that inheritances are a major source of wealth inequality and that the offspring of wealthy families tend to be as rich as their parents due to bequests. This perception is one reason why many people support taxing estates at death. But an individual's skills and personal choices are far more important in determining household wealth than inheritances. In fact, the contribution of inheritance is surprisingly small.
As the NCPA approaches its 25th anniversary, the organization will celebrate 25 years of innovative ideas and proven results. Much has been accomplished. There is much more to do.
Prices for medical services have been rising faster than prices of other goods and services for as long as anyone can remember. But not all health care prices are rising.
Workers' compensation is the oldest government-mandated employee benefit program in the United States. Costs are increasing because state systems provide incentives for employers, employees and others to behave in ways that cause costs to be higher and workplaces to be less safe than they otherwise could be.
The Alternative Minimum Tax (AMT) enacted in 1978 was intended to tax the small number of wealthy individuals who, in any given year, legally owe no personal income tax due to the many exemptions allowed by the U.S. tax code.
Over the next 50 years the world's developing nations will seek to emulate the West's material success. Access to cheap and dependable energy is critical to their continued progress from poverty. Electrical energy is especially important – it powers schools, hospitals and water treatment plants.
Virtually everyone in the "deploring" business points out that most of the uninsured have low incomes, hoping to invoke our sympathy. But this fact is misleading.
Despite claims that there is a health insurance crisis in the United States, the proportion of Americans without health coverage has changed little in the past decade. The increase in the number of uninsured is largely due to immigration and population growth.
The latest fad among Republicans is enforcing "personal responsibility" by requiring individuals to buy health insurance. It was enshrined in the recent Massachusetts health reform law, proudly signed by Gov. Mitt Romney and endorsed by a number of conservative, and even libertarian, organizations.
DALLAS – America, we're getting fatter. And it is costing us: It's cutting our lives short, driving up the cost of healthcare and leading to less productive lives. And it …