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#1
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Re: When is Washington going to get real and cut medicare?
The 2004 US Federal budget deficit was 412 billion dollars. The 2005 deficit is projected to be 331 billion.
If you are a conservative/republican, I'd love to hear your thinking about why your party is so vocal about the need to reduce spending on programs that may run into shortfalls in 15-20 years, yet are -silent- when the president and congress you elected, run a deficit of a billion dollars a day NOW? Please, 'splain. |
#2
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Re: When is Washington going to get real and cut medicare?
Because this can't get better. It only gets worse. There will be more old people and less young people. People live longer. That means the ratio of people on Medicare to people working gets smaller. This trend is not going to reverse itself.
And so, we have to pay huge amounts of money to keep this program, which is impossible to pay for. A billion dollar spending debt is fine if you make it a very specific crisis-related spending. A long term debt buildup over time due to a government program that will only get more expensive over time is absolutely terrible. Medicare needs to be cut, because you simply can't pay for it. You can pay off a billion dollar spending debt at one point in time. |
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