And saddled us with an additional trillions of dollars of debt. The prescription drug program was one of Bush's major mistakes.
"The Social Security and Medicare Trustees released their annual report on the future health of the nation's elderly entitlement programs today, and their findings were chilling. According to a review of the report's findings by John C. Goodman, president of the National Center for Policy Analysis (NCPA), the unfunded liability of the recently enacted prescription drug benefit for Medicare surpasses that of Social Security.
Social Security will start paying more in benefits than it collects in taxes in 2017, the same as estimated in last year's report. Yet while the total unfunded liability of the program has increased by about $2.3 trillion, up from $11.1 trillion to $13.4 trillion, the unfunded liability of Medicare Part D is $16.2 trillion. The Medicare HI Trust Fund runs out in 2018, two years earlier than previously estimated.
"Social Security's future has gotten worse and each year we delay reform adds to the cost we are pushing off onto our children," said NCPA President John C. Goodman. "Yet while the administration was right to try to reform Social Security last year, their drug benefit made the situation much worse. It was akin to throwing gas on the fire."
***And saddled us with an additional trillions of dollars of debt. The prescription drug program was one of Bush's major mistakes.***
So you'd rather have seniors dying because they can't afford prescriptions, and have Hitlery step in to "save" them with universal health care? Now, how many "trillions" of dollars do you think that would cost us?