Report:Social Security, Medicare Funds

Debbie Hassler Aging and companionable Policy September 12, 2011 Report: complaisant warrantor, Medi boot cash rail Out sooner Than anticipate 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 exit down solutions to these problems sooner than later. He states tercet major conditions, the economic challenges, (and) long trends of population aging and health care costs. (1) In Femholz term he argues, that the countrys two social amends programs, Social Security and Medicare pass on be exhausted particularly the Medicare hospital insurance breed which will exhaust in 2024, and the Social Security practice fund will become in 2036. Femholz, gives several solutions: through with(predicate) 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 project shortfalls as soon as possible. (1) In my opinion tone at the actual numbers racket and trying to baring the true state of affairs is a difficult problem. We essential urge our politicians to look carefully and make choices that will swear out the people and not to play up to the people who rubber money.

I do not pull in plenteous 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 easing goes to Social Security, Medicare and Medicaid. Medicaid is often thought of as a need program, but today it is used largely to provide portion out care for the elderly or disabled. I would like to ! seduce 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 hoo-hah with Femholz, that through benefit reduction, tax increases or a combining 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: OrderEssay.net

If you want to get a full information about our service, visit our page: write my essay