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Why Medicare Expansion Threatens the Bush Tax Cuts and UnderminesFundamental Tax Reform

Why Medicare Expansion Threatens the Bush Tax Cuts and UnderminesFundamental Tax Reform
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What Will Medicare's Future Hold For Seniors And Taxpayers?

Projections of Medicare's future debt obligations are staggering.Even without any prescription drug benefits, current participantswill be owed $13 trillion. New generations, whose taxes should bepaying off current obligations, will impose another $25 trillion indebt to the system. Reformers should consider adopting features ofthe Federal Employees Health Benefit Program (FEHBP), whichemphasizes consumer choice and competition among health plans andhas successfully controlled costs for decades. ....

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Medicare and Social Security: Big Entitlement Costs on the Horizon

Social Security and Medicare have promised $37 trillion more inbenefits to senior and disabled workers than the programs will beable to pay. ....

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Government Controls on Access to Drugs: What Seniors Can Learn fromMedicaid Drug Policies

Seniors should realize that efforts to control costs in Medicarewill likely tie the hands of physicians by limiting treatmentoptions, as they have in Medicaid. Instead of a system based ongovernment central planning and price fixing, Congress shouldencourage market competition and give full sway to patient choice. ....

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New Medicare Drug Entitlement's Huge New Tax on Working Americans

President George W. Bush and many in Congress cite tax relief asthe centerpiece of their economic agenda. Lawmakers who vote forthe Medicare drug benefit are voting for a $2 trillion taxincrease. Responsible lawmakers who oppose such substantial taxincreases should look beyond the 2004 election and examine theburden that a Medicare drug burden will impose on futuregenerations. ....

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