Saturday, September 14, 2013

Report:Social Security, Medicare Funds

Debbie Hassler Aging and companionable Policy September 12, 2011 Report: sociable shelter, Medi boot cash running play Out sooner Than expect In the oblige Report: Social Security, Medi bang Funds Running Out Sooner Than Expected Tim Femholz, readys the case that it may be necessary to thread down solutions to these problems sooner than later. He states leash major conditions, the economic challenges, (and) long trends of population aging and wellness care costs. (1) In Femholz term he argues, that the countrys two social amends programs, Social Security and Medicare ordain be exhausted particularly the Medicare hospital insurance bloodline which will exhaust in 2024, and the Social Security curse fund will become in 2036. Femholz, gives several solutions: by dint of benefit reductions, tax increases or some combining of the two. He quotes the Treasury Secretary, Tim Geithner ,who urges that action be taken to fix the intercommunicate shortfalls as soon as possible. (1) In my opinion looking for at the actual numbers racket and trying to settle the true state of affairs is a difficult problem. We essential urge our politicians to look carefully and make choices that will serve up the people and not to play up to the people who follow money.
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I do not pull in sufficient money saved for retirement and would need Social Security and Medicare in later years. I know that the majority of federal spending is defense-related or inte lodge in on the debt and the heartsease goes to Social Security, Medicare and Medicaid. Medicaid is often thought of as a demand program, but today it is used largely to provide regal! e care for the elderly or disabled. I would like to hold these programs in place when I am in my 70s or 80s because how will I be able to afford the costs of nursing care or home health care without help. I switch with Femholz, that through benefit reduction, tax increases or a faction of the two needs to be considered to help solve this problem. by chance we need to change the way benefits are...If you want to get a full essay, order it on our website: BestEssayCheap.com

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