Posted on 11/15/2010 12:56:48 AM PST by dscott8186
The coming federal budget debacle is one shrouded by lies wrapped in euphemisms, obfuscated by spin. Just as an example of the less than truthful statements coming from the Federal Government in its denial of the impending disaster to befall the nation I need only to point to the excerpt from the Trustees Report on Social Security.
The outlook for Medicare has improved substantially because of program changes made in the Patient Protection and Affordable Care Act as amended by the Health Care and Education Reconciliation Act of 2010 (the Affordable Care Act or ACA). Despite lower near-term revenues resulting from the economic recession, the Hospital Insurance (HI) Trust Fund is now expected to remain solvent until 2029, 12 years longer than was projected last year, and the 75-year HI financial shortfall has been reduced to 0.66 percent of taxable payroll from 3.88 percent in last years report. Nearly all of this improvement in HI finances is due to the ACA. The ACA is also expected to substantially reduce costs for the Medicare Supplementary Medical Insurance (SMI) program; projected program costs as a share of GDP over the next 75 years are down 23 percent relative to the costs projected for the 2009 report.
(Excerpt) Read more at publiusforum.com ...
***Thats right, the Law passed by Congress mandated the Trustees to LIE to the public BECAUSE they are required to knowingly make false assumptions about the effects of the ACA. The first false assumption is that doctors are going to work for peanuts and not drop most if not all seniors on Medicare.***
They are such obvious total liars. I can not trust anything they say. Nothing.
Just reduce communism and increase americanism. Works every time it is tried.
If that is the case, we should look at pulling our troops out of Korea and Japan. I'll bet we build quite a few F22s for the cost of annual operations in Korea alone.
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