Nebraska Governor Dave Heineman’s call for education leaders to support health reform’s repeal on the grounds that the state would have to finance it through big cuts in education is based on a gross overestimate of the law’s likely impact on the state.
BEYOND THE NUMBERS
Our colleague, Paul Van de Water, is on vacation, but we wanted to highlight a new piece from him; Judith Feder, professor of public policy at Georgetown University and senior fellow at the Center for American Progress; and Harriet L. Komisar, senior research analyst at The Hilltop Institute of the University of Maryland, Baltimore County. It’s on the Community Living Assistance Services and Supports Act (CLASS), a new federal long-term-care insurance program that is part of the health reform law. It’s featured in the most recent special report of The American Prospect magazine:
“[T]he nation’s budget outlook over the coming decade has not changed materially in the five months since [the Congressional Budget Office] released its previous projections,” according to CBO’s update of the federal budget released today. The estimated deficit for the fiscal year that will end on September 30 is $1.342 trillion — just 2 percent ($27 billion) smaller than CBO’s March estimate.
Rep. Paul Ryan and his budget plan are getting a lot of respectful attention in the press. (See here and here.) New York Times columnist Matt Bai suggests Ryan’s plan might represent “the starting point in what could be a serious negotiation about entitlements and spending.” But a careful look at the plan shows it to be a radical blueprint to shift massive resources from the broad majority of Americans to the very wealthy, while leaving the budget on an unsustainable course for decades.
The National League’s home run leader, Washington Nationals slugger Adam Dunn, hit two homers on Wednesday in the Nats’ 7-2 win over the Arizona Diamondbacks. What would you do if a disgruntled Diamondback suggested that Major League Baseball should not count those homers toward his individual home run total and toward the Nats’ run total in their 7-2 win because, somehow, this amounted to “double counting”? You’d laugh, right?
Listen below to Executive Director Robert Greenstein and Senior Fellow Paul Van de Water discuss the new annual reports, released today, of the Social Security and Medicare trustees.
The trustees of the Social Security and Medicare trust funds will release their annual reports tomorrow. Although these reports generally come out by April 15, the trustees often miss that deadline. This year, the trustees delayed the reports to give the actuaries at the Social Security Administration and the Centers for Medicare & Medicaid Services time to incorporate the effects of the Affordable Care Act (the recently enacted health reform legislation).
Here are a few things to anticipate and keep in mind about the reports to come tomorrow:
As I mentioned a couple of months ago, we’ve launched a series of fact sheets called “Moving Forward with Health Reform” to help people (especially non-wonks) understand how the new health reform law will work — and whether the claims from opponents are true.
Today we issued two more pieces in this series: