- 313
So, the feds released the current projections for Medicare and Social Security Obligations and this is what they came up with:
"Medicare already is paying out more money than it receives, something that happened for the first time last year. And Social Security will be by 2016, a year sooner than had been projected, the trustees' annual report said.
Unless changes in Social Security are enacted, the fund will be unable to pay full benefits by 2037, four years sooner than projected last year. The Medicare trust fund is in even worse shape. It is projected to become insolvent in 2017, two years earlier than expected." - From the Columbus Dispatch
With the initial tally for health care reform at 1.2 TRILLION dollars, why would we not expect the same with govt run health care? How, as a nation, can we possibly afford this while our other so called entitlement programs are themselves projected to be insolvent? Are we really going to run private insurance away?
It is is maddening.
"Medicare already is paying out more money than it receives, something that happened for the first time last year. And Social Security will be by 2016, a year sooner than had been projected, the trustees' annual report said.
Unless changes in Social Security are enacted, the fund will be unable to pay full benefits by 2037, four years sooner than projected last year. The Medicare trust fund is in even worse shape. It is projected to become insolvent in 2017, two years earlier than expected." - From the Columbus Dispatch
With the initial tally for health care reform at 1.2 TRILLION dollars, why would we not expect the same with govt run health care? How, as a nation, can we possibly afford this while our other so called entitlement programs are themselves projected to be insolvent? Are we really going to run private insurance away?
It is is maddening.