Navigation Links
Blunt: Trustees Report is a Reminder of Medicare and Social Security Crisis
Date:3/25/2008

WASHINGTON, March 25 /PRNewswire-USNewswire/ -- House Republican Whip Roy Blunt (Mo.) issued the following statement today after the Social Security and Medicare Trustees issued their annual report estimating that Social Security and Medicare will deplete their respective trust funds by 2041 and 2019:

"The trustees report is a solemn reminder that we do not have time for further delay. Congress must act, and act quickly, to deal with the fiscal emergency Social Security and Medicare are facing.

"We have all seen this crisis on the horizon for years, and yet the budget Democrats passed this month does nothing to put these programs on a solid foundation for the future.

"In just over 10 years, Medicare will start spending more than it collects. There are really only two paths to take: raise taxes, kick the can down the road and ignore the problem as the Democrats have advocated; or do what our constituents elected us to do: find a solution.

"Earlier this year, Republican Leader John Boehner (Ohio) and Democratic Leader Steny Hoyer (Md.) introduced conservative legislation that would make the needed reforms to put Medicare on a path of economic stability.

"I hope the majority will join us to find a solution for current and future Medicare beneficiaries."

NOTE: Below is a summary of Medicare proposal (H.R. 5480) introduced by the two leaders:

Reform the nation's medical liability laws in order to put patients' interests before those of trial lawyers;

Focus the Medicare prescription drug program on low-income seniors by limiting the amount of taxpayer funded benefits for seniors with incomes of more than $80,000, saving Medicare an estimated $3 billion over five years; and

Allow the Department of Health and Human Services to introduce value-driven competition into Medicare and create incentives for high-quality, low-cost health care options.


'/>"/>
SOURCE House Republican Whip Roy Blunt
Copyright©2008 PR Newswire.
All rights reserved

Page: 1

Related medicine news :

1. Blunt: House Republicans Fight to Ensure Taxpayer Resources Arent Used to Fund Abortions Overseas
2. Blunt: Democrats Flawed Spending Compromise
3. Blunt: New SCHIP Bill Addresses None of the Problems With the Old
4. Blunt: House Sustains Presidents Veto, Now Lets Get to Work on Genuine Solution
5. Blunt: Time to Stop the Politics on SCHIP, and Start the Negotiations
6. Media Alert: Statement on the Report of the Trustees of Social Security and Medicare
7. NASI Experts Available to Comment on 2008 Social Security and Medicare Trustees Reports
8. PC Trustees Vote to Start New Pharmacy School in S.C.
9. Carlson Executive Joins Blue Cross Board of Trustees
10. Fortune 500 Executive Elected to AMA Board of Trustees
11. Hundreds of Benefit Fund Trustees Question Viability of Rite Aid Pharmacy Benefit Management Company
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/3/2016)... ... May 03, 2016 , ... Excessive panting in the car ... anxiety. "Pet owners often think anxiety only manifests itself as trembling or ‘tail ... ways, and there’s things that be done about it,” says Dr. Jim Lowe, technical ...
(Date:5/3/2016)... ... May 03, 2016 , ... ... selected by Tidelands Health, a three hospital system in South Carolina, to provide ... the lookout for technology that enhances communication, drives workflow efficiencies and improves provider ...
(Date:5/3/2016)... ... May 03, 2016 , ... Boston Children’s Hospital today ... tough medical situations or practice tricky or rare procedures in an environment that looks ... SIM Center is also available to inventors and “hackers” to develop and test new ...
(Date:5/3/2016)... , ... May 03, 2016 , ... Each year, about ... cause of death across the United States and account for one death every four ... impairments or are permanently disabled. HCR ManorCare is launching a video series called “Your ...
(Date:5/3/2016)... Los Angeles, CA (PRWEB) , ... May 03, 2016 , ... ... Massage Chair with its user friendly Samsung tablet and exclusive Smart Application. The ... truly unbeatable massage. Starting each massage with a customized user profile and specialized massage ...
Breaking Medicine News(10 mins):
(Date:5/3/2016)... Pa. , May 3, 2016 ACME ... Jack Whelan and Delaware County ... (naloxone HCI) Nasal Spray in all ACME ... U.S. Centers for Disease Control and Prevention (CDC), naloxone has saved ... when police officers in Delaware County were ...
(Date:5/3/2016)... May 3, 2016  While you may be familiar with watching a film or TV show ... as ultra-high-definition or 8MP in the Medical Industry.  Ampronix  is a renowned authorized reseller of ... Photo - http://photos.prnewswire.com/prnh/20160502/362730 ... ... ...
(Date:5/3/2016)... 3, 2016   Diplomat Pharmacy, Inc. (NYSE: DPLO) announced today that it is celebrating Hepatitis ... of two patients who tell their personal story and encourage those at risk to get ... Jacque: Hepatitis C ... ... Diplomat Specialty Pharmacy (PRNewsFoto/Diplomat Pharmacy, Inc.) ...
Breaking Medicine Technology: