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To: RealMuLan who wrote (25225)3/9/2005 3:52:44 PM
From: RealMuLan  Respond to of 116555
 
Medicare resurfaces as entitlement titan
Amid Social Security debate, this week's news on drug-benefit costs hint at a $27 trillion Medicare obligation.
By Gail Russell Chaddock | Staff writer of The Christian Science Monitor
WASHINGTON – As President Bush stumped the case for Social Security reform, the talk on Capitol Hill this week often reverted to what many are calling a more urgent threat to the nation's fiscal health: the soaring liabilities in Medicare, especially its new prescription drug benefit.

Sold to Congress as a $400 billion add-on, the 10-year estimate for prescription drug coverage for seniors soared to $723 billion in the president's fiscal 2006 budget. To the green-eyeshade types who track such things, the higher estimate was no surprise: It's the first to include a full 10 years of the new drug benefit.
csmonitor.com



To: RealMuLan who wrote (25225)3/9/2005 4:18:47 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 116555
 
Both ideas are BS....if they wanna increase savings, then normalize short term rates and expand IRA and 401K deductions. It's really that simple....