Federal agencies have doled out billions in erroneous payments over the last five years, but the problem is worsening, Fiscal Times reports.» Read More
Is it time to put spending cuts front and center in the debate? Rep. Barney Frank (D-MA), discusses the odds of getting a deal on the fiscal cliff. "The country is ready for substantial reductions in military spending," he says.
Dennis Van Roekel, President of the National Education Association, discusses the meeting he had with President Obama on the fiscal cliff.
Dallas Fed President Richard Fisher told Larry Kudlow if the worst happens and the nation goes over the fiscal cliff, he doesn't see the Fed providing a backstop.
They criticized his plan only last week, but now top Democrats are suggesting that Mitt Romney's plan to stem the fiscal cliff may be best for America.
President Obama met with labor union and progressive leaders at the White House today. Damon Silvers, AFL-CIO Special Counsel, discusses getting the labor union back in shape, and tax reform. Karen Finney, The Hill and James Freeman, Wall Street Journal, weigh in.
Mayan end times prophesies aside, it's Washington's Sisyphean effort to balance its books that might bring about Armageddon.
Raising taxes on the wealthy along with entitlement reform and spending cuts need to be part of any solution to the country’s fiscal problems, Jeff Gural, Newmark Knight Frank Chairman, told CNBC’s “Squawk on the Street” on Monday.
Anyone looking at their paycheck stub and seeing the laundry list of taxes taken out might be saying to themselves 'Why am I paying these and where does all that money go?'CNBC explains
A new study suggests that many workers are waiting to retire at least until they are eligible for Medicare.
Medicare and Medicaid are going broke; how can the U.S. reform these programs? The best way to do it is to reform these programs for people in my generation, explains Rep. Paul Ryan. Vice President Biden says this administration has strived to protect and provide more benefits for seniors. "We will not privatize Social Security," added Biden.
CNBC's Scott Cohn reports on yesterday's report about a nationwide law enforcement operation targeting Medicare fraud, saying the office of All Ways Home Care in Miami shown in an aerial video yesterday "was not implicated in any way in the operation."
CNBC's Scott Cohn reports on one of the biggest Medicare fraud busts in years.
Attorney General Eric Holder is holding a news conference now, with a major crackdown on Medicare fraud, reports CNBC's Scott Cohn.
From the stump and on the airwaves, both Barack Obama and Mitt Romney often glossed over exactly where the other stands on five major issues, the Fiscal Times reports.
Discounts up to 50 percent discount on premium drugs have been passed on to Medicare beneficiaries.
Delegates to the Republican national convention will adopt a platform on Tuesday that represents a major triumph for the GOP's economic and social conservatives.
Tax rates would have to double to preserve Medicare and Social Security in their current form, tax foe Grover Norquist warned on CNBC’s "Squawk on the Street" on Monday.
Paul Ryan told CNBC's Larry Kudlow on Thursday that the first act of a Romney-Ryan administration would be to handle the “fiscal cliff" and the threat of recession.
New polls show that Medicare ranks as the third most crucial issue to likely voters in Florida, Ohio and Wisconsin, and that more respondents in those crucial states trust President Obama to manage the program, The New York Times reports.
Mitt Romney’s plan to restore $716 billion that he says President Obama “robbed” from Medicare has puzzled some experts, who say it might cost recipients hundreds of dollars a year.