James Pethokoukis

James Pethokoukis is the Money & Politics columnist-blogger for the American Enterprise Institute. Previously, he was the Washington columnist for Reuters Breakingviews. Pethokoukis has written for many publications including USNews & World Report, The New York Times, The Weekly Standard, Commentary, USA Today, and Investor's Business Daily. Pethokoukis is also an official CNBC contributor. In addition, he has appeared numerous times on MSNBC, Fox News Channel, Fox Business Network, The McLaughlin Group, CNN, and Nightly Business Report on PBS. A graduate of Northwestern University and the Medill School of Journalism, Pethokoukis is a 2002 Jeopardy! champion.
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Economics, Entitlements, Pethokoukis

Here is the big driver behind government healthcare spending

Charles Blahous makes a number of great points in an e21 essay on the fiscal future of Medicare — and the US budget. While it is true, as a recent New York Times piece notes, that the Medicare spending projections has declined quite a bit since 2006 (see above chart), the program’s financial problems are still enormous. The whole piece is worth reading, but this is a particularly noteworthy bit given all the attention on the need to reduce health cost inflation. read more >