Quote:
Originally Posted by Riot
Social Security does not contribute to the debt at all, and is solvent if left alone until 2030, when 78% of current rates are payable if nothing at all is done.
Medicare-Medicaid is doing well, it is proven far more efficient and cost-effective than private insurance for the same population, but needs some definitive tweeks. Perhaps we can allow the government to bargain for drug costs, and cut several billion a year over time. Changing duplicate pay policies saves some more. Obama already took 500 billion of waste out for the PPACA.
Oh - and Obama offered a raised Medicare age in the big deal benefits package, according to leaks to Sam Stein, which he published today. The GOP just turned that one down. Sorry. The GOP party of "we screw ourselves" continues.
|
social security is funded by iou's. everyone has recognized it needs help, but no one wants to be the one to grab onto that one.
the govt has borrowed from itself-it just hasn't figured out how to pay itself back yet. of course, it can't default on that debt. problem now is that they are so far in debt elsewhere, where will the money come from the pay ss back???