Medicare to Go Broke by 2019, Trustees Predict

Emboldened Chimp

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Tue Mar-23-04 03:23 PM
Original message

Medicare to Go Broke by 2019, Trustees Predict

Filed at 12:53 p.m. ET

WASHINGTON (AP) -- Medicare will have to begin dipping into its trust fund this year to keep up with expenditures and will go broke by 2019 without changes in a program that is swelling because of rising health costs, trustees reported Tuesday.

Social Security's finances showed little change.

The deteriorating financial picture for the health care program for older and disabled Americans is a result, in part, of the new Medicare prescription drug law that will swell costs by more than $500 billion over 10 years, according to the annual report by government trustees.

http://www.nytimes.com/aponline/national/AP-Medicare-Social-Security.html?hp

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Emboldened Chimp

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Tue Mar-23-04 03:24 PM
Response to Original message

1. dupe

sorry

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Moderator

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Tue Mar-23-04 03:26 PM
Response to Reply #1

2. Please discuss here

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x439605

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