A Quote by John Cornyn
Unfortunately, the (budget) does not . . . help Congress reform such programs as Medicaid and Medicare, which both grow at average rate of around 8 percent each year through 2015 and will continue to eat up more of the total federal budget.
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There'll be some savings from preventing double dipping by public servants which are currently able to access not one but two fully tax payer funded schemes and of course there will be out paid parental leave levy. So all up not only is this an important economic reform, an important reform to have to grow our economy more strongly, it also will leave the budget better off which will help us fix the mess that Labor has created with the budget.
Through Economic Action Plan 2015, our Government will continue to help create jobs, encourage skills development and balance the budget in 2015. I look forward to hearing Canadians' ideas on what we can do to further support and grow the economy for the benefit of all Canadians.
A budget is a reflection of our values, and as a member of the House Budget Committee, I work each year to ensure that our federal budget invests in programs that support working families, enhance our research and development capabilities, and ensure the safety and security of the American people.
A budget matters to people who worry about protecting and saving critical programs like Medicare and Social Security. A budget matters to younger workers who fear that more and more money will be taken from their paychecks to fund another generation's spending spree.
In fact, entitlement spending on programs such as Medicare, Medicaid, and Social Security make up 54% of federal spending, and spending is projected to double within the next decade. Medicare is growing by 9% annually, and Medicaid by 8% annually.
Most people don't realize that two-thirds of the federal budget is Social Security, Medicare, Medicaid, and the Pentagon. The U.S. government is an insurance company with an Army.
Marriage equality - I think that it's a constitutionally guaranteed right. Let's end the drug wars. Let's balance the federal budget, and that means reforming the entitlements - Medicaid, Medicare.
My approach to cutting spending as president, is to do a ten percent across the board cut of all federal agencies, and then ask each of my new agency heads to find another ten percent by drilling down. That's what you do in business to come up with approximately 20 percent cuts for the first fiscal year budget.
My budget is similar to the Penny Plan, which cuts 1 percent a year for five or six years and balances the budget.
The central question is whether Medicare and Medicaid should remain entitlement programs guaranteeing a certain amount of care, as Democrats believe, or become defined contribution programs in which federal spending is capped, as Republicans suggest.
The growth of the American food industry will always bump up against this troublesome biological fact: Try as we might, each of us can only eat about fifteen hundred pounds of food a year. Unlike many other products - CDs, say, or shoes - there's a natural limit to how much food we each can consume without exploding. What this means for the food industry is that its natural rate of growth is somewhere around 1 percent per year - 1 percent being the annual growth rate of American population. The problem is that [the industry] won't tolerate such an anemic rate of growth.
A tax cut means higher family income and higher business profits and a balanced federal budget....As the national income grows, the federal government will ultimately end up with more revenues. Prosperity is the real way to balance our budget. By lowering tax rates, by increasing jobs and income, we can expand tax revenues and finally bring our budget into balance.
People in the individual marketplace should have more options. The plan that we - the discussion draft that we have out, actually opens up for people who are zero percent to 100 percent of the federal poverty level, not eligible for Medicaid, would open up the opportunity for them to purchase insurance with help from the federal government.
[The US] budget is dominated by the retirement programs, Social Security and Medicare - loosely speaking, the post-cold-war federal government is a big pension fund that also happens to have an army.
I'm the guy that has written at great length about exactly how we should profoundly reform Social Security. If I were afraid of going after entitlements, I wouldn't have done that, I wouldn't have put Medicaid reform in this budget, I wouldn't have called for the reductions in spending, which people will scream about, but I think are necessary.
The GAO just released a report that said 22 percent of federal programs fail to meet their objectives. The truth is we don't know how taxpayer money is spent in Washington, D.C., which is why I think we ought to put every agency budget up on the Internet for everyone to see.
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