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  #1  
Old 07-28-2011, 08:48 PM
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Riot Riot is offline
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Originally Posted by SOREHOOF View Post
That is nearly 3 trillion owed to the treasury by the Govt. Yes they spent it on something else. There are many trillions of $$ of national debt that are excluded from the official count. It is actually a lot worse than 14+ trillion.
Yes. But none of the above has anything to do with the debt ceiling. The debt ceiling is just cash flow to pay bills we already owe. It has nothing to do with calculating future spending, or in how big the deficit can become. The GOP already increased the deficit 800 billion this congress, earlier in the year. There will be 2 additional debt raises just for that in the future (calculated, based upon interest accumulated, etc)

National Debt $14 trillion

3.6 trillion - Social Security trust fund owed

4.0 trillion - Bush, W. policies (unfunded wars, unfunded Rx givaway)
3.0 trillion - Bush, W. unfunded tax cuts

2.0 trillion - taxes (income) lost due to recession and housing bust
1.4 trillion - Obama policies
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Old 07-29-2011, 05:12 AM
dino dino is offline
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My only point with New Hampshire was with hard work and PRIDE this country can get back to what it was before so many people were looking for a handout.
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Old 07-29-2011, 01:00 PM
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My only point with New Hampshire was with hard work and PRIDE this country can get back to what it was before so many people were looking for a handout.
Who the hell is looking for a handout? Social Security and Medicare are not "handouts", we pay into that!
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Old 07-29-2011, 01:26 PM
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I believe you're paying in about 25% of the actual cost of Medicare.
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Old 07-29-2011, 02:27 PM
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I believe you're paying in about 25% of the actual cost of Medicare.
Medicare is one of the most successful, least-expensive health delivery systems anywhere in the world. Their overhead and healthcare delivery cost is nothing compared to private insurance companies.

That said, yes, we need to look at adjusting Medicare. I suggest we simply open it up to people 55 and over, for a huge cash influx.
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Old 07-29-2011, 07:18 PM
Danzig Danzig is offline
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Originally Posted by Riot View Post
Medicare is one of the most successful, least-expensive health delivery systems anywhere in the world. Their overhead and healthcare delivery cost is nothing compared to private insurance companies.

That said, yes, we need to look at adjusting Medicare. I suggest we simply open it up to people 55 and over, for a huge cash influx.
surely you jest. medicare is outrageous, with only part a included if you have forty credits...otherwise, a alone is over 500 per month. that only covers hospitalization, with deductibles per incident, not per year. part b costs extra, that is for doctor care, also expensive...you have to buy supplements to pay deductibles, with plan f paying the most...if you can afford plan f that is...
and the hosp deductible per event? equal to the price of three pints of blood...one pint can cost 2500.
most insurance has a yearly deductible, but not medicare.
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Old 07-29-2011, 07:24 PM
Danzig Danzig is offline
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also, there are no out of pocket maximums in medicare, no stop loss.
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Old 07-29-2011, 08:14 PM
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surely you jest. medicare is outrageous, with only part a included if you have forty credits...otherwise, a alone is over 500 per month.
No, you completely misunderstood. I'm talking from the health care delivery side.

It is one of the most-successful, least expensive health delivery systems in the world. It has very little overhead, it costs little to run, with nearly every dollar in the system going to medical care for those in the system.

As opposed to private insurance, where a great portion of premiums go to both administrative costs and profit-taking, with very little going to paying for actual health care for the insured.
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