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A good step, but not one that will solve spending on its own.

The Heritage reform plan, advanced in Saving the American Dream, and five other reform plans differ in detail, but their main features are similar. Congress should build on this powerful consensus and craft a comprehensive reform of the Medicare program.

Three former CBO directors and other budget analysts from across the political spectrum have urged a fundamental restructuring of Medicare, Medicaid, and Social Security to avert an economic crisis and to avoid placing an unacceptable burden on future generations. The CBO says that if no action is taken to address this and deficits soar to expected levels, "the economy will eventually suffer serious damage."

Eliminating Freddie Mac and Fanny Mae will instigate housing recovery. Find out why here.

A major report by the Congressional Budget Office (CBO) confirms that Medicare premium support (a defined-contribution system of health-plan financing) would make the financially troubled federal program more fiscally sustainable.[1] The CBO finds that, in a new competitive system of health plans, private plans can offer the same benefit and services as traditional Medicare fee-for-service (FFS) plans—at a lower cost to taxpayers.