Friday, February 22, 2013

Medicare costs



With everyone talking about how to lower the deficit, has any pundit or network talking head mentioned that health care costs have stopped rising at twice the rate of other spending?

Which means that projected Medicare spending for the next 10 years has dropped by about $500 billion dollars.  Half a trillion in savings already and no cut to benefits needed.

Do you think they’ll stop insisting that cuts are the only way to go, and need to be done now?

Me neither; just like I don’t expect them to stop acting as if Social Security increases the deficit (it doesn’t).

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