Medicare to Go Broke by 2019, Trustees Predict

Emboldened Chimp

(1000+ posts) Send PM | Profile | Ignore

Tue Mar-23-04 03:23 PM
Original message

Medicare to Go Broke by 2019, Trustees Predict

Filed at 12:53 p.m. ET

WASHINGTON (AP) -- Medicare will have to begin dipping into its trust fund this year to keep up with expenditures and will go broke by 2019 without changes in a program that is swelling because of rising health costs, trustees reported Tuesday.

Social Security's finances showed little change.

The deteriorating financial picture for the health care program for older and disabled Americans is a result, in part, of the new Medicare prescription drug law that will swell costs by more than $500 billion over 10 years, according to the annual report by government trustees.

http://www.nytimes.com/aponline/national/AP-Medicare-Social-Security.html?hp

Printer Friendly | Permalink | | Top

Emboldened Chimp

(1000+ posts) Send PM | Profile | Ignore

Tue Mar-23-04 03:24 PM
Response to Original message

1. dupe

sorry

Printer Friendly | Permalink | | Top

Moderator

(1000+ posts) Send PM | Profile | Ignore

Tue Mar-23-04 03:26 PM
Response to Reply #1

2. Please discuss here

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x439605

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Sat May 04th 2024, 06:05 AM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.