Republicans all stood up and said that they do not want to cut Medicare.
Democrats did not pass any legislation the last two years to save Medicare.
Medicare will be bankrupt in 2026.
Therefore, democrats want Medicare to die. There is no other explanation.
The 2019 report of Medicare’s trustees finds that Medicare’s Hospital Insurance (HI) trust fund will remain solvent — that is, able to pay 100 percent of the costs of the hospital insurance coverage that Medicare provides — through 2026. Even in 2026, when the HI trust fund is projected to be depleted, incoming payroll taxes and other revenue will still be sufficient to pay 89 percent of Medicare hospital insurance costs.[1] The share of costs covered by dedicated revenues will decline slowly to 78 percent in 2043 and then rise gradually to 83 percent by 2093. This shortfall will need to be closed through raising revenues, slowing the growth in costs, or most likely both. But the Medicare hospital insurance program will not run out of all financial resources and cease to operate after 2026, as the “bankruptcy” term may suggest.
Democrats did not pass any legislation the last two years to save Medicare.
Medicare will be bankrupt in 2026.
Therefore, democrats want Medicare to die. There is no other explanation.
Medicare Remains on Fast Track to Bankruptcy
www.rpc.senate.gov
Medicare Is Not “Bankrupt” | Center on Budget and Policy Priorities
The program is not on the verge of bankruptcy or ceasing to operate. Such claims demonstrate misunderstanding of Medicare’s finances.
www.cbpp.org