On Borrowed Time: How the Growth in Entitlement Spending Threatens America's FutureSimon & Schuster, 1989 - 430 pagina's Entitlements represent one of the largest and fastest-growing portions of the federal budget. They are regarded as sacrosanct by lawmakers, yet many people see them as one of the greatest threats to the American Dream. This volume argues that by sacrifi cing the future in order to pay ever-larger federal benefits through programs such as Social Security, Medicare, and federal pensions,entitlement spending has become a crushing burden to American workers. |
Inhoudsopgave
CHAPTER | 7 |
The Imperiled American Dream | 37 |
CHAPTER 2 | 59 |
Copyright | |
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Veelvoorkomende woorden en zinsdelen
50 percent actuarial age-groups Americans annual assumptions average Baby Boom beneficiaries benefit levels billion capita cash benefits civil service COLA Congress Consumer Price Index consumption copayments course coverage CSRS decades decline defense deficits demographic disabled dollars early economic employees entitlement programs entitlement spending expect families federal budget federal entitlement federal spending fertility rate Figure financing fiscal year 1986 future health-care benefits health-care costs health-care spending higher hikes HMOs hospital income increase indexing inflation investment Japan living long-term means-tested Medicaid Medicare medigap military retirement non-means-tested nonelderly nursing home OASDI OASI outlays patients payments payroll taxes percent of GNP pessimistic physicians political population poverty line private-sector problem projections receive reform revenue rise savings scenario II-B sector share Social Security Social Security Administration Social Security's stagflation Supplemental Security Income tax rates trend trust funds wage workers