posted on Mar, 23 2004 @ 11:59 PM
"WASHINGTON (Reuters) - The fund that pays hospital benefits to the U.S. elderly is expected to become insolvent in 2019, seven years earlier than
predicted, a report on the Medicare system said on Tuesday.
The report from the Medicare and Social Security programs' trustees -- an assessment that may move Medicare closer to the front-burner in an
accelerating presidential election campaign -- said Medicare's prognosis dimmed sharply over the last year and that spending will exceed income by
about $7.5 billion in 2004. "
I find this disturbing and VERY sad. We just spent HOW MUCH to "liberate" another
country? This could not have been a surprise to our
lawmakers...how did this happen?? Why
was it allowed to happen? Where are the priorities?