Funeral services are expensive. In 2019, the median funeral cost was $7,640—$5,150 for a funeral with cremation—according to the National Funeral Directors Association.
The Consumer Product Safety Commission (CPSC) has jurisdiction over more than 10,000 types of consumer products. Mandatory standards govern only a small number of products.
For many older adults, travel is important as a way to encounter new experiences, visit with friends and family, and obtain necessary medical care.
Passing responsibilities down to lower levels of government should be undertaken primarily to place services closer to the people being served and to maximize administrative
One indicator of smart fiscal practices is maintaining balance between spending and revenues. Occasionally deficits may be necessary.
When economic conditions permit, states should accumulate budget reserves adequate to maintain services during recessions.
Deficit-reduction efforts should avoid cuts in programs that serve low- and moderate-income populations.
The federal government must strive for long-term fiscal balance.
At the federal level, there are two categories of budgetary expenditures: entitlement and discretionary spending.
Federal policymakers should develop a comprehensive system for financing Long-Term Services and Supports (LTSS) that includes a new social insurance program to provide a bas