Counting obligations under Medicare and Social Security, the real debt of the United States is more than 10 times the reported national debt.
Do we really want the people who created $40 trillion of unfunded liabilities in Social Security and Medicare in charge of our health care? Faceless bureaucrats, power-lusting politicians, and people spending other people's money are a recipe for disaster.
No matter what federal program one selects - Social Security, Medicare, Medicaid, the drug war, the income tax and the IRS, education, foreign interventions and wars - they are all a giant mess.
Madoff's scam was small compared to Ponzi schemes the government itself runs: Social Security and Medicare.
For Social Security to be financially sound, the federal government should have $100 trillion - a sum of money six-and-a-half times the size of our entire economy - in the bank and earning interest right now. But it doesn't. And while many believe that Social Security represents our greatest entitlement problem, Medicare is six times larger in terms of unfunded obligations.
Politicians like to talk about the income tax when they talk about overtaxing the rich, but the income tax is just one part of the total tax system. There are sales taxes, Medicare taxes, social security taxes, unemployment taxes, gasoline taxes, excise taxes - and when you add up all of those taxes [many of which are quite regressive], and then you look at how they affect the rich and the poor, you essentially end up with a system in which the best off 20 percent of Americans pay one percentage point more of their income than the worst off 20 percent of Americans.
At today's prices for medicines, doctors and hospitals-if the latter are available at any price-only millionaires can afford to be hurt or sick and pay for it. Very few people want socialized medicine in the U.S. But pressure for it is going to appear with the same hurricane force as the demand for pollution control if the medicine men and hospital operators don't take soon some Draconian measures... At the present rate of doctor fees and hospital costs under Medicare and Medicaid plans [taxpayers] are shovelling in billions with nothing but escalation in sight.
Medicare is immune from the competitive pressures that force private insurers to pay attention to what patients and doctors want.
Unfortunately, the (budget) does not . . . help Congress reform such programs as Medicaid and Medicare, which both grow at average rate of around 8 percent each year through 2015 and will continue to eat up more of the total federal budget.
Medicare is paid for by the American taxpayer. Medicare belongs to you. Medicare is for seniors, who many of them are on fixed income, to lift them out of poverty.
The bottom line in 2007 is that enrollment costs are going up substantially, drug coverage is declining and the brand name coverage in the doughnut hole is being eliminated... Medicare D is an insurance program, not a benefit. As consumption increases, so too will cost. The changes in 2007 clearly demonstrate the limitations of the program.
We can talk about Medicare and Medicaid and Social Security. We can talk about school, we can talk about everything. Defense is number one or we don't have a country.
Ronald Reagan was an anti-government, union-busting, race baiting, anti-abortion, anti-gay, anti-intellectual, who cut rich people's taxes in half, had a incurable case of the military-industrial complex, and said Medicare was socialism that would destroy our freedom. Both sides really should stop pretending he was something other than the man most responsible for our decline.
When Medicare was created for senior citizens and America s disabled in 1965, about half of a seniors health care spending was on doctors and the other half on hospitals.
Tea Party members go to meetings on Medicare scooters.
On issue after issue, the polls - and these are not snapshot polls; these are polls over a consistent period of time - show that most Americans share what one could call core liberal or progressive values: investment in health care and education over tax cuts; fair trade over free trade; corporate accountability over deregulation; environmental protection over laissez-faire policies; defending Social Security and Medicare over privatizing them; raising the minimum wage over eliminating it. The country prefers progressive alternatives to the failed policies of the conservative right.
It is irresponsible to set an arbitrary cap on how much therapy a Medicare beneficiary can receive. It ignores the health needs of our senior population - especially the oldest and sickest.
A Romney-Ryan administration will protect and strengthen Medicare, for my Mom's generation, for my generation, and for my kids and yours.
The American people I talk to don't spend every moment thinking, 'How can I tax my neighbor more than they're being taxed?' They say, 'How can I get a good job? How can my kids get good jobs? How can seniors have a confidence in their future when they know that Social Security, Medicare and Medicaid are bankrupt?'
We right now give $15 billion every year as subsidies to private insurers under the Medicare system. Doesn't work any better through the private insurers. They just skim off $15 billion.
The Republicans want to turn Medicare into a voucher plan that will end guaranteed coverage of medical bills for the elderly.
I have long said there are three distinct groups under the GOP's tent: theological warriors, who want to impose their social views on the rest of society; Tea Party zealots, who say with a straight face that they want the government to get out of their Medicare; and remnants of the pro-business moderates.
Amnesty will not help balance our budget ... In fact, a large-scale amnesty is likely to add trillions of dollars to the debt over time, accelerate Medicare's and Social Security's slide into insolvency and put enormous strain on our public-assistance programs.
In the wake of the Supreme Court of Canada decision (Chaoulli-Zeliotis), the Canadian Medicare system is about to be redesigned. Physicians must not just sit at the table, but must position themselves at the head, where they can lead and direct the nature of that design.
I support the Ryan budget plan. I think it’s the right direction on the major points. I can’t say I’ve read all of it, but on the major thrust of what he’s doing, I support what he wants to do with Medicare, Medicaid. The only thing I would do, frankly, as I’ve said publicly many times, I think we should implement a lot of these things sooner than what he’s suggesting.
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