Facing the ‘Fiscal Cliff’The Congressional Budget Office (CBO) has released an excellent analysis of the “fiscal cliff” facing the country in the form of large policy changes that are scheduled to take effect at the end of this year.The CBO warns that policymakers face difficult trade-offs because of the weak economic expansion and the high projected federal deficits in coming years. The agency found that reducing or eliminating the fiscal restraint now scheduled to happen “would boost economic…See More

Alternative Scenarios Raise Caution About Medicare ProjectionsThe Medicare actuaries produce "alternative illustrations" that show how those projections change under different assumptions.The Medicare actuaries have released updated alternative scenarios…See More