deficit

 
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Medicare: Past, present and future

Medicare and what to do about it is one of the most bedevilling issues facing the nation. Both political parties and interest groups from the AARP to the AMA are trying to find a way to shore up the increasingly expensive program. There’s no denying that Medicare is a popular program.

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  What’s at Stake: Debt and entitlements

We may be in a financial hole now, but the situation is about to get a whole lot worse. Millions of baby boomers are turning 65, which, of course, makes them eligible for Medicare.

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  Presidentiality: ‘Dr. Keynes’

Republicans have come to revile the famed economist John Maynard Keynes, revealing a rift between how Democrats and the GOP view the economic crisis.

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In Elizabeth Warren, progressives may have found the hero they’ve been seeking

More than any other Democrat, the longtime consumer advocate is offering a compelling narrative about the unfairness of the current economic situation.

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  Are we slaves to debt? David Graeber on the history of spending more than we have

The debate over what to do about debt is nothing new, according to anthropologist David Graeber. Alison Stewart talks with Graeber about our misconceptions about debt and why it plays such a large role in history.

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Rival debt plans aren’t so far apart, but brinkmanship continues

The rival plans proposed by Boehner and Reid actually have a lot in common. But the two sides are staring each other down, waiting for the other to cave.

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As lawmakers push rival debt plans, only one person is still seeking compromise: Obama

A “grand bargain” would seem impossible at this point, but Obama is still pushing for one. Lawmakers in both parties meanwhile, planned votes on their rival debt plans.

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  Richard Brookhiser on divisions within the Republican party

Need to Know turns to historian and senior editor at the National Review, Richard Brookhiser, for a broader perspective on the recent political machinations in Washington, and the age-old discussion over the size of government.

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Moody’s: You know what? Just scrap the debt limit altogether

The novel proposal suggests that rating agencies would rather the government meet its obligations to creditors than grapple over how much spending to slash.

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