As of the end of year 2008, the average annual per beneficiary cost spending for Part D, reported by the Department of Health and Human Services, was $1,517,[18] making the total expenditures of the program for 2008 $49.3 (billions). Projected net expenditures from 2009 through 2018 are estimated to be $727.3 billion
Medicare Part D - Wikipedia, the free encyclopedia
For the 2010 fiscal year, the president's base budget of the Department of Defense rose to $533.8 billion. Adding spending on "overseas contingency operations" brings the sum to $663.8 billion
Military budget of the United States - Wikipedia, the free encyclopedia
As of February 2010, around $704 billion has been spent based on estimates of current expenditure rates
Financial cost of the Iraq War - Wikipedia, the free encyclopedia
With the July 27, 2010 enactment of the FY2010 Supplemental Appropriations Act (H.R. 4899/P.L.
111-201) Congress has approved a total of $1.121 trillion for military operations, base security,
reconstruction, foreign aid, embassy costs, and veterans’ health care for the three operations initiated
since the 9/11 attacks: Operation Enduring Freedom (OEF) Afghanistan and other counter terror
operations; Operation Noble Eagle (ONE), providing enhanced security at military bases; and
Operation Iraqi Freedom (OIF).
http://www.fas.org/sgp/crs/natsec/RL33110.pdf
Social Security currently has a $2.6 trillion surplus which has been building up since the 1983 amendments and is intended to help absorb the retirement of the baby boomers. This surplus is invested in US Treasury securities that are backed by the full faith and credit of the US government. According to the Social Security Trustees 2010 report, Social Security can pay full benefits until 2037,
Security is paid for by the dedicated contributions of workers and their employers, has administrative costs of less than one percent, and since it cannot borrow to fund its operations, Social Security does not contribute to the deficit.
Sen. Don Riegle: Pay Back the Money Borrowed From Social Security
All my life I have believed that a nation is measured by the way in which it takes care of those that are unable to care for themselves. Medicare is a promise made to Seniors by our Government to its people that when the time comes they to need not worry, that the nation that they served to build upon who's shoulders we all stand will be there for them.
Recently I have seen efforts by my party in it's new budget to tear down that promise in an effort to balance the budget. While we all wish our government to curb its spending and become more responsible, tearing apart a program that has served countless numbers of Seniors, Vets, disabled, and many others in that effort accomplishes nothing but to further create more misery. I frankly find it stunning that our nation can spend close a a Trillion dollars a year on Defense and have one of the lowest top end tax rates in many decades as well as fund many many departments that we all can agree are bloated and not needed and then use Medicare as the method by which they balance that budget. Frankly it's a shameful display of ignorance on the part of the House Republicans , in that many seem to not understand the basic concept that sending Seniors, Vets, and Disabled into the market to seek health insurance does not GIVE them insurance. In fact if I am not mistaken many will fall into a catagory of " high risk" and will be unable to afford the insurance they currently have.. How about we as a nation start to focus our efforts on our own citizens for a change.
I spent a long career in the Navy and am grateful to my nation and it's people, however spending on Defense I will be the first to admit as become out of countrol and in many ways is done so at the expense of the very people we are defending. It's high time the DoD got it's act together and learned to spend wisely, and do with less and not short change the warfighter. Let me give you an example, in the last 10 years we as a nation have roughly doubled our expense outlays and have brought to the warfighter little if any in terms of new systems to the battlefield. It's high time the DoD was reformed once and for all and turned back into a good fighting force that is focused on defense of this nation and the needs of the warfighter and NOT the needs to the contractor.
Though Defense has long been notorious for waste, recent government reports suggest the Pentagon's money management woes have reached astronomical proportions. A study by the Defense Department's inspector general found that the Pentagon couldn't properly account for more than a trillion dollars in monies spent. A GAO report found Defense inventory systems so lax that the U.S.
Army lost track of 56 airplanes, 32 tanks, and 36 Javelin missile command launch-units.
And before the Iraq war, when military leaders were scrambling to find enough chemical and biological warfare suits to protect U.S. troops, the department was caught selling these suits as surplus on the Internet "for pennies on the dollar," a GAO official said.
Given these glaring gaps in the management of a Pentagon budget that is approaching $400 billion, the coming debate is shaping up as a bid to gain the high ground in the battle against waste, fraud and abuse
Military waste under fire / $1 trillion missing -- Bush plan targets Pentagon accounting - SFGate
In closing, when you focus on Medicare, on the very citizens that helped build the nation you intend to hand over to the next generation and use them as the doormat for your budget rather than really focusing on the hard work needed you have disgraced the very people who have allowed you to stand where you are.
Medicare Part D - Wikipedia, the free encyclopedia
For the 2010 fiscal year, the president's base budget of the Department of Defense rose to $533.8 billion. Adding spending on "overseas contingency operations" brings the sum to $663.8 billion
Military budget of the United States - Wikipedia, the free encyclopedia
As of February 2010, around $704 billion has been spent based on estimates of current expenditure rates
Financial cost of the Iraq War - Wikipedia, the free encyclopedia
With the July 27, 2010 enactment of the FY2010 Supplemental Appropriations Act (H.R. 4899/P.L.
111-201) Congress has approved a total of $1.121 trillion for military operations, base security,
reconstruction, foreign aid, embassy costs, and veterans’ health care for the three operations initiated
since the 9/11 attacks: Operation Enduring Freedom (OEF) Afghanistan and other counter terror
operations; Operation Noble Eagle (ONE), providing enhanced security at military bases; and
Operation Iraqi Freedom (OIF).
http://www.fas.org/sgp/crs/natsec/RL33110.pdf
Social Security currently has a $2.6 trillion surplus which has been building up since the 1983 amendments and is intended to help absorb the retirement of the baby boomers. This surplus is invested in US Treasury securities that are backed by the full faith and credit of the US government. According to the Social Security Trustees 2010 report, Social Security can pay full benefits until 2037,
Security is paid for by the dedicated contributions of workers and their employers, has administrative costs of less than one percent, and since it cannot borrow to fund its operations, Social Security does not contribute to the deficit.
Sen. Don Riegle: Pay Back the Money Borrowed From Social Security
All my life I have believed that a nation is measured by the way in which it takes care of those that are unable to care for themselves. Medicare is a promise made to Seniors by our Government to its people that when the time comes they to need not worry, that the nation that they served to build upon who's shoulders we all stand will be there for them.
Recently I have seen efforts by my party in it's new budget to tear down that promise in an effort to balance the budget. While we all wish our government to curb its spending and become more responsible, tearing apart a program that has served countless numbers of Seniors, Vets, disabled, and many others in that effort accomplishes nothing but to further create more misery. I frankly find it stunning that our nation can spend close a a Trillion dollars a year on Defense and have one of the lowest top end tax rates in many decades as well as fund many many departments that we all can agree are bloated and not needed and then use Medicare as the method by which they balance that budget. Frankly it's a shameful display of ignorance on the part of the House Republicans , in that many seem to not understand the basic concept that sending Seniors, Vets, and Disabled into the market to seek health insurance does not GIVE them insurance. In fact if I am not mistaken many will fall into a catagory of " high risk" and will be unable to afford the insurance they currently have.. How about we as a nation start to focus our efforts on our own citizens for a change.
I spent a long career in the Navy and am grateful to my nation and it's people, however spending on Defense I will be the first to admit as become out of countrol and in many ways is done so at the expense of the very people we are defending. It's high time the DoD got it's act together and learned to spend wisely, and do with less and not short change the warfighter. Let me give you an example, in the last 10 years we as a nation have roughly doubled our expense outlays and have brought to the warfighter little if any in terms of new systems to the battlefield. It's high time the DoD was reformed once and for all and turned back into a good fighting force that is focused on defense of this nation and the needs of the warfighter and NOT the needs to the contractor.
Though Defense has long been notorious for waste, recent government reports suggest the Pentagon's money management woes have reached astronomical proportions. A study by the Defense Department's inspector general found that the Pentagon couldn't properly account for more than a trillion dollars in monies spent. A GAO report found Defense inventory systems so lax that the U.S.
Army lost track of 56 airplanes, 32 tanks, and 36 Javelin missile command launch-units.
And before the Iraq war, when military leaders were scrambling to find enough chemical and biological warfare suits to protect U.S. troops, the department was caught selling these suits as surplus on the Internet "for pennies on the dollar," a GAO official said.
Given these glaring gaps in the management of a Pentagon budget that is approaching $400 billion, the coming debate is shaping up as a bid to gain the high ground in the battle against waste, fraud and abuse
Military waste under fire / $1 trillion missing -- Bush plan targets Pentagon accounting - SFGate
In closing, when you focus on Medicare, on the very citizens that helped build the nation you intend to hand over to the next generation and use them as the doormat for your budget rather than really focusing on the hard work needed you have disgraced the very people who have allowed you to stand where you are.