deficit

What’s the Nation’s No. 1 Problem?

Posted on 01/16/2014 by |Washington Watch | Comments

Bulletin Today | PoliticsIt’s the government, stupid. Bill Clinton won a presidential campaign with the motto, “It’s the economy, stupid.” But these days the top issue to most Americans is the government, according to a new Gallup poll.   Some 21 percent of Americans polled in the Jan. 5-8 survey said that the most important problem facing the country today is the government itself — including poor leadership, corruption, abuse of power and general dissatisfaction with Congress and politicians in general. The second most important …

Budget Deficit Talks Finally Exclude Benefit Programs

Posted on 12/26/2013 by |AARP Media Relations Team | Comments

PoliticsLast week as the Senate worked to pass a bipartisan budget framework that doesn’t cut Social Security or Medicare benefits, a hearing without the same fanfare took place just steps away. In a high-ceiling, wood-paneled committee room, U.S. Senator Sherrod Brown (D-OH) chaired a hearing that might prove the more historical moment of the week. With plenty of empty chairs and a parade of bipartisan senators throughout the two hours the hearing lasted, an expert, ideologically-diverse panel that included AARP President Rob Romasco, spoke without even …

AARP: Reject Harmful Cuts to Social Security and Medicare

Posted on 11/1/2013 by |AARP Executive Vice President | Comments

PoliticsAs the largest nonprofit, nonpartisan organization representing the interests of Americans age 50 and older and their families, AARP urges the budget conference committee to reject harmful cuts to Social Security and Medicare benefits for the purpose of achieving deficit reduction or as a tradeoff for scheduled sequestration cuts or other government spending. While we agree that sequestration cuts will have a growing impact on critical discretionary programs and should be revisited, we remain steadfast in our commitment to protect …

Don’t Trust the Government? Join the Club

Posted on 10/22/2013 by |Washington Watch | Comments

Bulletin Today | PoliticsPublic trust in the government is near an all-time low — not exactly a shock for a survey taken during a shutdown of the federal government. Sign up for the AARP Money Matters newsletter. Only 19 percent of American adults trust the federal government to do what’s right just about always or most of the time, according to a new survey from the Pew Research Center for the People & the Press. More than four-fifths of respondents said they are …

Medicare: Time for a Reality Check?

Posted on 09/19/2013 by |Washington Watch | Comments

Bulletin Today | PoliticsThe public’s view of Medicare doesn’t match reality, according to an analysis of six polls by the New England Journal of Medicine, which says that the “wide gap in beliefs between experts on the financial state of Medicare and the public at large” could end up affecting the ongoing battle over the federal budget. Here are some of the chief disconnects: Although Medicare spending has been rising at slower rates during the past five years, 62 percent of Americans think just …

Congressional Budget Experts Predict More Red Ink

Posted on 09/19/2013 by |Washington Watch | Comments

Bulletin Today | PoliticsThe nonpartisan Congressional Budget Office has just published its 2013 Long-Term Budget Outlook, and this year’s set of predictions for the nation’s balance sheet is sure to push Washington’s heartburn rate up a few notches. Three quick takeaways from the CBO’s report: The percentage of federal debt held by the public is higher than at any point in modern U.S. history. Federal debt held by the public is likely to decline a little bit over the next few years, as …