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Poll Shows Cuts Dilemma
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A Feb. 2011 NBC/Wall Street Journal shows only a small number of Americans think cuts to Medicare are necessary to "significantly reduce" the deficit. Only 18% favored cuts, 54% opposed cuts to Medicare to reduce the deficit. Only 22% said cuts to Social Security were needed, 49% said they were not needed. Tea party supporters by a 2 to 1 margin said significant cuts to Medicare were "unacceptable." What measures should be taken to put the entitlement programs on a sound financial basis? On this point over half of the people polled said they favor increasing the retirement age to 69 years by 2075, up from 66 now. A larger number said they support reducing Social Security and Medicare payments to wealthier Americans. Experts say these two measures could eliminate 60% of the underfunding of Social Security. On the issue of collective bargaining rights of public workers, this poll shows 62% of the people polled oppose effforts to weaken collective bargaining. This is similiar to the CBS/New York Times poll results of Feb 24, 2011 on this issue. See the group for this. This poll show a big yellow caution light for Republicans zealously advocating cuts to entitlements. Both polls show lack of public support for reducing the collective bargaining rights of public workers.
Solutions to the U.S. budget deficit, including changes in Social Security and Medicare.
10/21/2010
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U.S. Annual Budget Deficit Smallest in Nearly Seven Years
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Alice Rivlin's Bid to Cut the Deficit
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Key Tax Breaks at Risk as Panel Looks at Cuts
Wall Street Journal 10/25/2010
Physician Panel Prescribes the Fees Paid by Medicare
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Deficit panel leaders propose curbs on Social Security, major cuts in spending, tax breaks
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Panel Weighs Deep Cuts in Tax Breaks and Spending
New York Times 11/10/2010
American public opinion on cutting Medicare and Social Security
02/15/2011
There is little support for cutting the two programs polls show. This suggests that politicians who fight for cuts in the popular programs risk being punished in the next elections. Voter awareness about the problems the large budget deficits pose for the U.S. and what action needs to be taken is growing, but only growing slowly.
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Voters Balk at Cuts Close to Home
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Republicans Shelve Medicare Overhaul Plan
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New York Times 05/26/2011
New York Times 05/26/2011
Financial Outlook for Medicare in the U.S.
05/13/2009
Medicare is heading for insolvency by 2037.
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Home Care Yields Medicare Bounty
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Economist 10/15/2009
Economist 08/27/2009
Obama’s Pledge to Tax Only the Rich Can’t Pay for Everything, Analysts Say
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Escalating cost of Medicare with a rising deficit in the U.S.
06/15/2009
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Bayonne Medical Center Has Highest U.S. Billing Rates
New York Times 05/16/2013
Doctors Chafe As Medicare Cuts Loom
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Small Group of Doctors Are Biggest Medicare Billers
Wall Street Journal 06/01/2015
BusinessWeek 12/10/2009
10 Ways to Cut Health-Care Costs Right Now
BusinessWeek 11/12/2009
Preventing the Next Financial Crisis
Wall Street Journal 10/23/2009
Bowles and Simpson of the President's Deficit Commission defend their plan
11/18/2010
Grouped Articles
Charlie Rose Talks to Erskine Bowles, Alan Simpson
BusinessWeek 11/18/2010
CBO: U.S. budget deficit to reach $1.5 trillion in 2011, highest ever
Washington Post 01/26/2011
Wall Street Journal 03/03/2011
Wall Street Journal 04/05/2011
New York Times 04/07/2011
Raise Taxes, but Not Tax Rates
New York Times 05/04/2011
Alternative deficit commission report by Rivlin-Domenici
10/21/2010
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Another Deficit Plan Targets Taxes
Wall Street Journal 11/17/2010
Sheila C. Bair - Will the next fiscal crisis start in Washington?
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Tax-cut deal has liberal Democrats fuming
Washington Post 12/07/2010
CBO: U.S. budget deficit to reach $1.5 trillion in 2011, highest ever
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Wall Street Journal 03/03/2011
To Cut the Deficit, Look to Social Security
New York Times 04/04/2011
Financial Outlook for Social Security in the U.S.
08/06/2010
The Social Security Fund is expected to need an infusion of $41 billion in 2010, with more coming out than going into the fund in 2011, and the situation worsening by 2015.
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Detroit Vehicles Outperform Imports in Quality Study
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Bullish Medicare Projection Doubted
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Alice Rivlin's Bid to Cut the Deficit
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Key Tax Breaks at Risk as Panel Looks at Cuts
Wall Street Journal 10/25/2010
Deficit Panel's Leaders Push Cuts
Wall Street Journal 11/08/2010
Wall Street Journal 03/03/2011
Baby boomers, changing demographics in the U.S. and Medicare, Social Security programs
01/01/2011
In 2 decades the number of people on Medicare is expected to grow from 47 million in 2010 to 80 million in 2030. At the same time the proportion of the voting age population that is over 65 will go up in that period to 26% in 2030 from 17% in 2010. Seniors who vote heavily Republican, and middle aged people who expect to join the senior group will resist any changes to Medicare and Social Security benefits.
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Demography and the economy: As boomers wrinkle
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Wall Street Journal 01/08/2011
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A Ponzi scheme that should be fixed - The Washington Post
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Carolyn Hax: What happens when parents go broke during their golden years - The Washington Post
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Even Critics of Safety Net Increasingly Depend on It
New York Times 02/11/2012
CBS/New York Times Poll of Feb. 2011 showing little public support for cutting Medicare and Social Security
03/03/2011
Only 18% of Americans polled showed support for significant cuts to these programs. For Social Security Americans preferred instead increasing the age for Social Security to 69 by 2075, and reducing benefits to wealthier Americans, as ways to put the program on a sound financial basis.
Grouped Articles
Wall Street Journal 03/03/2011
New York Times 05/26/2011
New York Times 05/26/2011
Surprise Victory in N.Y. Gives House Democrats Hope in 2012
New York Times 05/30/2011
A Ponzi scheme that should be fixed - The Washington Post
Washington Post 09/16/2011
Even Critics of Safety Net Increasingly Depend on It
New York Times 02/11/2012
Social Security in the U.S.
10/21/2010
Grouped Articles
Alice Rivlin's Bid to Cut the Deficit
BusinessWeek 10/21/2010
Deficit panel leaders propose curbs on Social Security, major cuts in spending, tax breaks
Washington Post 11/10/2010
Panel Chairmen Recommend Cutting Federal Spending by $200 Billion
Wall Street Journal 11/10/2010
Deficit Panel's Leaders Push Cuts
Wall Street Journal 11/08/2010
Wall Street Journal 03/03/2011
To Cut the Deficit, Look to Social Security
New York Times 04/04/2011
Martin Feldstein, Sheila Bair and other experts on the Bowles-Simpson Deficit Commission proposals
11/17/2010
Grouped Articles
The Deficit Dilemma and Obama's Budget
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America's budget deficit: Speak softly and carry a big chainsaw
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Sheila C. Bair - Will the next fiscal crisis start in Washington?
Washington Post 11/26/2010
Debt and Taxes: Will Washington Ever Grow Up?
BusinessWeek 11/17/2010
Martin Feldstein - How to cut the deficit without raising taxes
Washington Post 11/29/2010
CBO: U.S. budget deficit to reach $1.5 trillion in 2011, highest ever
Washington Post 01/26/2011
NBC/Wall Street Journal poll of Feb. 2011 shows little support for cutting Medicare and Social Security
03/03/2011
Only 18% of Americans support cutting these two entitlement programs.
Grouped Articles
Wall Street Journal 03/03/2011
Republicans Shelve Medicare Overhaul Plan
New York Times 05/05/2011
New York Times 05/26/2011
New York Times 05/26/2011
Surprise Victory in N.Y. Gives House Democrats Hope in 2012
New York Times 05/30/2011
New York Times 07/07/2011
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