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To: ETL
I understand that programs like Medicare will consume our entire budget if we don't reform them. Medicare already spends more than it receives in dedicated taxes and premium payments. As baby boomer retirees begin to flood the system, the impact will be felt by every other federal program:

• Currently, Medicare claims about 11 percent of federal nonentitlement tax dollars.

• By 2020, Medicare deficits will claim one in every five federal tax dollars that are not already dedicated to Medicare and Social Security.

• This means that in just 9 years the federal government will have to stop doing one in every five things it does today if taxes are to remain at their current level and projected Medicare benefits are paid on behalf of the disabled and the elderly.

• By 2030, the deficits in Medicare will claim one in every three general revenue dollars; by 2050, they will claim one in every two.

32 posted on 07/22/2011 6:57:59 AM PDT by kabar
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To: kabar

I meant that you made it sound like slashing our defense was just an unfortunate side effect of Obama’s scheme, as opposed to a calculated, intentional maneuver.


47 posted on 07/22/2011 7:08:23 AM PDT by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: kabar

In other words, it’s by design.


49 posted on 07/22/2011 7:09:14 AM PDT by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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