Word: reformative
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...reform of the federal financial aid program sends a “very powerful public policy message,” said Harvard College Director of Financial Aid Sally C. Donahue...
...Services Elizabeth M. Hicks said SAFRA—which she referred to as a “landmark legislation for the Obama administration” and a “real victory for education”—would bring about an “overdue” reform of the federal financial aid system...
...rare show of bipartisanship, the need for fundamental reform has united disparate factions of academia. In a 2005 paper entitled “Nonpartisan Social Security Reform Plan,” a trio of economists—including a former Bush economic advisor and a senior official in the Obama administration (Kennedy School Professor Jeff Liebman)—propose a plan to ensure the solvency of Social Security by increasing the retirement age, increasing the payroll tax cap, and, most importantly, offering personal retirement accounts that would allow workers to contribute into what is essentially a government-sponsored Individual...
...hasn’t this bipartisan, common sense reform been passed into law? Because Democrats in Congress refuse to acknowledge a problem exists and insist on preserving the “sanctity” of the Social Security system, which is code for wanting the problem to be dealt with by tax increases alone. Harry Reid (D-Nev.) called the issue a crisis “manufactured” by the Bush administration and said Social Security will be safe for “50 years,” ignoring the fact that the system will pay out more this...
Medicare is an even more daunting challenge. While economists have proposed common-sense reforms, like health savings accounts that are also supported by Congressional Republicans, Democrats continue to hold back the process. The recently-passed health care reform bill, for example, directly attacks Health Savings Accounts and other consumer-led Medicare innovations that are both important features of the program as it exists today, especially for the poor, and would help mitigate the budgetary problems...