PatekPhilippe
Senior Member
Social Security and Medicare Projections:*2009 - Brief Analysis #662
Who's the dumbass now?
How Washington Rations - WSJ.com
The 81% Tax Increase - Forbes.com
XChange - The NBR Blog
I stand corrected. Medicare has trillions not billions in unfunded liabilities.
Medicare only goes broke if it doesn't increase revenues or cut back payouts. Just like any insurance company operating in a very inflationary environment. Just like your insurance I'm guessing. It would go broke in x number of years if it didn't raise its premiums or cut back on what it will pay for.
Medicare only goes broke if our government falls. Otherwise the Treasury will continue to print more and more money to fund all of the unfunded liabilities and put the debt on the next 10 generations of Americans. The fools who run Medicare know it has a bottomless wallet....private insurance companies DO NOT!!!
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