Part D Was “Financially Irresponsible”—The Medicare Business Office D Drug Conception Liability Is Twice That Of The Social Safety System!

Part D Was “Financially Irresponsible”—The Medicare Business Office D Drug Conception Liability Is Twice That Of The Social Safety System! - Hi friends Best Insurance Quotes, In the article that you read this time with the title Part D Was “Financially Irresponsible”—The Medicare Business Office D Drug Conception Liability Is Twice That Of The Social Safety System!, We have prepared this article well for you to read and retrieve information from it. hopefully fill the posts Article Bush Health Plan, Article Medicare, Article Part D, we write this you can understand. Alright, happy reading.

Title : Part D Was “Financially Irresponsible”—The Medicare Business Office D Drug Conception Liability Is Twice That Of The Social Safety System!
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Part D Was “Financially Irresponsible”—The Medicare Business Office D Drug Conception Liability Is Twice That Of The Social Safety System!

The passage of the Medicare prescription drug benefit—Part D—was a “financially irresponsible” affair to do. Those were the words of U.S. Comptroller General David Walker on CBS’ “60 Minutes" this past times weekend.

Amen to that.

The Medicare Trustees, inwards May of 2006, reported that Medicare’s long-term debt is estimated to travel $32.4 trillion dollars (over 75 years). The new Part D drug benefit is a quarter of that—$8 trillion.

This volition blow you lot away: The Part D Medicare drug benefit’s long-term liability solitary is close twice equally large equally the entire long-term debt of the Social Security System!

President Bush spent a adept piece of job of his political working capital missive of the alphabet 2 years agone trying to reform Social Security when his Medicare Part D drug program added twice the Social Security debt to the national repose canvass all past times itself!!!

There is no dubiousness that seniors deserve adept drug coverage within Medicare. But they, as well as we, besides deserve to run across Medicare larn the overhaul it volition ask to sustain the “baby boomer” retirements.

How “conservative” Republicans similar George Bush as well as Tom DeLay could accept forced this Part D programme through as well as onto the nation’s troubled books is beyond me.


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