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To: Sequoyah101

Actual:
Medicare $206,921.32
Social Security $264,391

Medicare contribution thru FICA is only approx 1.50% while the SS contrib thru FICA is approx 6.5%. Yet you are reflecting contributing about the same for medicare as SS. How?While SS can be “fixed”, Medicare is not a sustainable program. The govt expends 900 billion a year on medicare benefits and collects approx 125 billion in FICA contributions annually for a 700 billion dollar annual deficit. It is not sustainable. The entire program needs to be revamped more along the lines of a voucher system as Ryan has proposed if we want to make it close to self sustaining.


33 posted on 05/29/2012 10:50:02 AM PDT by chuckee
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To: chuckee

Recall that medicare is paid on an UNLIMITED level of income and is not limited like SS.


35 posted on 05/29/2012 10:55:20 AM PDT by Sequoyah101 (You've been screwed by your government.)
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