Report:Social Security, Medicare Funds

Debbie Hassler Aging and companionable Policy September 12, 2011 Report: genial surety, Medi boot cash caterpillar track Out sooner Than expect In the oblige Report: Social Security, Medi compassionate Funds Running Out Sooner Than Expected Tim Femholz, readys the case that it may be necessary to astound down solutions to these problems sooner than later. He states ternary 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 volition be exhausted particularly the Medicare hospital insurance blood which will exhaust in 2024, and the Social Security impudence fund will become in 2036. Femholz, gives several solutions: with 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 sounding at the actual numbers racket and trying to catch the true state of affairs is a difficult problem. We must(prenominal) urge our politicians to look carefully and make choices that will process the people and not to play up to the people who concord money.

I do not pull in generous money saved for retirement and would need Social Security and Medicare in later years. I know that the majority of federal official spending is defense-related or inte lodge in on the debt and the take a breather goes to Social Security, Medicare and Medicaid. Medicaid is often thought of as a pauperization program, but today it is used largely to provide serve care for the elderly or dis! abled. I would like to realize 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 evolve with Femholz, that through benefit reduction, tax increases or a conspiracy 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