To: Bahbah
Medicare is broke. The HI trust fund has been cashing in its IOUs since 2008. By 2014, four years from now, 45% of all Medicare expenditures will come from the General Fund. Medicare represents an unfunded liability of $38 trillion and the Prescription Drug program, Medicare Part D, represents an $8 trillion unfunded liability before Obamacare closes the doughnut hole, which means it will cost more.
Source: A SUMMARY OF THE 2009 ANNUAL REPORTS Social Security and Medicare Boards of Trustees
155 posted on
03/28/2010 6:59:34 AM PDT by
kabar
To: kabar
I just love it that you are always so on top of this issues.
158 posted on
03/28/2010 7:01:12 AM PDT by
Bahbah
(Only dead fish go with the flow)
To: kabar
Medicare can wind up being the Achilles heel of the dems regarding Obama control.
The dems are going to be forced to defend how wonderful Medicare has been for seniors while at the same time defending taking it apart by the huge cuts they voted for in obamacare.
They can't have it both ways unless we allow it and we sure as hell better not!
175 posted on
03/28/2010 7:12:14 AM PDT by
rodguy911
( Sarah 2012!!! Home of the free because of the brave.)
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