Part VII. Entitlement Reform and Government Accounting Revisited | Howell E. Jackson | August 19, 2015

H2O

This is the old version of the H2O platform and is now read-only. This means you can view content but cannot create content. You can access the new platform at https://opencasebook.org. Thank you.

Part VII. Entitlement Reform and Government Accounting Revisited

Original Creator: Howell E. Jackson Current Version: Howell E. Jackson Show/Hide
In this section of the course we will take up entitlement reform and the closely related topic of government accounting. EDIT PLAYLIST INFORMATION DELETE PLAYLIST

Edit playlist item notes below to have a mix of public & private notes, or:

MAKE ALL NOTES PUBLIC (2/2 playlist item notes are public) MAKE ALL NOTES PRIVATE (0/2 playlist item notes are private)
  1. 1 Show/Hide More Class Thirteen -- January 21, 2016
    Original Creator: Howell E. Jackson Current Version: Howell E. Jackson

    With today's class, we will turn our attention to entitlement reform and related topics. We will begin our discussion with two Supreme Court cases involving Social Security. The first upholding the program's constitutionality and the second dealing with Congress's authority to make benefit changes (and whether taxpayers acquire a property interest in their future Social Security benefits).

    We will then discuss briefly Chapter 13 of Fiscal Challenges, in which John Harrison explores New Property, Entrenchment and the Fiscal Constitution.

    Next, please take a look at the eight-page portion of the CBO's Long Term Budget Outlook that addresses the long-term future of Social Security. Also, take a look at the CRFB's one-page primer on the Social Security Disability Insurance (SSDI) program, an important and sometimes-overlooked part of the Social Security program.

    Finally, please review the CFRB's Social Security “Reformer” website and devise your own solution to problems facing Social Security: http://crfb.org/socialsecurityreformer/.

    Team Assignment (Teams B, D,F & J): Please write a short memorandum (3-5 pages), presenting and defending a joint team plan to reform Social Security. The plan should have unanimous approval of group members.

  2. 2 Show/Hide More Class Fourteen -- January 22, 2016
    Original Creator: Howell E. Jackson Current Version: Howell E. Jackson

    Today, we will discuss reform of federal health programs, focusing on Medicare.

    For an overview of federal health programs, please read Part 2 of the CBO's 2015 Long-Term Outlook, “The Long-Term Outlook for Major Federal Health Care Programs.”

    Then, please read the briefing paper on “bending the health care cost curve” and prepare to discuss the pros and cons of various reform ideas.

    Finally, please review the press clippings about the 2015 legislation that ended the Sustainable Growth Rate (SGR), a mechanism to control Medicare payments to doctors that had been in place since 1997 (but waived on an annual basis via a “Doc Fix” bill). Notice that the CRFB and Wall Street Journal editorial page, both typically hawkish on budgeting issues, come out on opposite sides of the issue.

    For reference, the 2015 Medicare Trustees Report and a briefing paper on entitlement reform in foreign countries are included.

    Third Individual Response Paper: Drawing on course readings and class discussions over the past three weeks, please write a short (3-5) page memorandum summarizing your views on the appropriate goals for and reasonable expectations with respect to federal budget policy in the United States. How should our public budgeting decisions be structured to serve the public interest? To the extent that you believe certain aspects of the current system should be reformed, please explain how and why? Please submit your response to Carole Mason by email by 8:00 am on the morning of January 22nd. Good luck.

    1. 2.1 Show/Hide More Congressional Budget Office, 2015 Long-Term Budget Outlook, Part 2 (June 2015)
      Congressional Budget Office, 2015 Long-Term Budget Outlook, Part 2: “The Long-Term Outlook for Major Federal Health Care Programs (June 2015)
      1. 2.2.3 Show/Hide More “Hours from Deadline, Bipartisan Medicare Bill Heads to White House," Washington Post (April 14, 2015)
        “Hours from Deadline, Bipartisan Medicare Bill Heads to White House," Washington Post (April 14, 2015)
Close

Playlist Information

January 20, 2016

Author Stats

Howell E. Jackson

James S. Reid, Jr. Professor of Law

Harvard University

Other Playlists by Howell E. Jackson

Find Items

Search below to find items, then drag and drop items onto playlists you own. To add items to nested playlists, you must first expand those playlists.

SEARCH
Leitura Garamond Futura Verdana Proxima Nova Dagny Web
small medium large extra-large