Sunday, April 26, 2020

Biden wants to skew spending even more heavily towards the old.


In 2019, Medicare accounted for over one-third of the federal deficit.  That is, spending on Medicare exceeded premiums and taxes by $300 billion.  That gap will be bigger still this year.  Now Biden wants to make the program even more costly.  Elections have consequences.   

https://www.npr.org/sections/health-shots/2020/04/11/832025550/bidens-health-play-in-a-covid-19-economy-lower-medicares-eligibility-age-to-60

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