December 16, 2011 | 8 comments
December 15, 2011 | 3 comments
December 15, 2011 | 0 comments
December 14, 2011 | 39 comments
December 14, 2011 | 4 comments
In an op-ed for USA Today, Mitt Romney explains how he would cut federal spending. He lists a number of cuts that would bring spending down by $500 billion by the end of his first term, and acknowledges that long-term spending restrating will require reforming Medicare. Here’s how he would do it:
Reforms should not affect current seniors or those near retirement, and tax hikes should be off the table….
Tomorrow’s Medicare should give beneficiaries a generous defined contribution and allow them to choose between private plans and traditional Medicare. And lower-income future retirees should receive the most assistance. I believe that competition will improve Medicare and the coverage that seniors receive.
Although this is only the broadest of outlines, it seems like Romney has something like the plan developed by Alice Rivlin and Pete Domenici of the Bipartisan Policy Center. See, for instance, this recent testimony by Rivlin:
Romney will have to offer more details about his plan before it can fully be evaluated, but at the very least it should be noted that an approach along these lines could yield significant Medicare savings, and would almost certainly improve the quality of Medicare.
There are at least two reasons why Paul Ryan’s premium support model could prove to be a better choice. In terms of policy, Romney’s Medicare reform might be easier for a Democratic president to reverse, because it would keep traditional Medicare in place. Politically, it’s more feasible than the Ryan plan, but that could also prove to be a weakness: it’s not a strong opening bid. All the same, the fact that Romney is sketching out a plan for reforming entitlements is probably one reason that Ryan is comfortable with the prospect of a Romney presidency.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?
H/T to National Review Online