Posted on April 11, 2008 by Alexa Moutevelis
Former President Clinton (who is among those who have claimed to be unfairly undertaxed and should put his money where his mouth is) has taken full advantage of the perks available to him for having held the presidential office.
The Politico reports:
Taxpayers fund Bill Clinton spending
The Clintons have made a $100-million fortune since leaving the White House, but [...]
Filed under: Entitlements, In The News, Waste | 1 Comment »
Posted on February 14, 2008 by Alexa Moutevelis
USA Today article on the cost of benefits to senior citizens
Senior benefit costs up 24%
The cost of government benefits for seniors soared to a record $27,289 per senior in 2007, according to a USA TODAY analysis.
That’s a 24% increase above the inflation rate since 2000. Medical costs are the biggest reason. Last year, for [...]
Filed under: Entitlements, In The News, Social Security | 1 Comment »
Posted on January 11, 2008 by Alexa Moutevelis
The Financial Times takes a look at the consequences of ignoring the explosion in entitlement program spending:
US’s triple-A credit rating ‘under threat’
The US is at risk of losing its top-notch triple-A credit rating within a decade unless it takes radical action to curb soaring healthcare and social security spending, Moody’s, the credit rating agency, said [...]
Filed under: Entitlements, Medicare/aid, Reform, Social Security | 1 Comment »