ELDER: American entitlement programs in need of reforms

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ELDER: American entitlement programs in need of reforms
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During Joe Biden\u0027s State of the Union speech, he got booed after accusing \u0022some\u0022 Republicans of seeking to \u0022sunset\u0022 some entitlements.

But it is equally true that both Democratic Presidents Barack Obama and Bill Clinton called Medicare, Medicaid and Social Security — without reforms — “unsustainable.” As for Biden, as senator in 1975, he proposed re-examining every federal program. In a floor speech, he said, “One thing that we must do is to begin reviewing existing programs to determine whether they are still effective and whether they are worth the money that we are putting in them. We must eliminate the wasteful ones.

Obama set up a bipartisan “federal deficit commission” that made several recommendations.

As for Clinton, he too set a bipartisan commission to tackle the entitlements problem. The federal government’s Social Security website states: “On November 5th, 1993 President Bill Clinton — by Executive Order #12878 — created the Bipartisan Commission on Entitlement Reform. The Commission — which began work in February 1994 — was co-chaired by Senators Robert Kerrey and John Danforth . The Commission was comprised of 10 U.S.

“In their approach, the Commission went well beyond the topics of Social Security and Medicare and lumped together everything that might be considered an ‘entitlement’ — from welfare programs to the home mortgage interest tax deduction to the cost of federal civilian and military retirement. Its goal was to devise a package of proposals which would reduce the overall cost of all of these programs.

The federal budget devotes about half of its spending to the “entitlement” programs: Social Security, Medicare, Medicaid and Obamacare. Then there is income security, which includes general retirement and disability insurance; federal employee retirement, disability and military retirement; unemployment compensation; housing assistance; nutrition assistance; foster care; Supplemental Security Income; and the earned income and child tax credits.

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