"Medicare spending is increasing so quickly that the president will be required to propose new benefit cuts or higher taxes, trustees for the U.S. senior citizen health care program said on Tuesday.Medicare hospital insurance spending is forecast to exceed tax revenues for 2008 and all future years and the fund will be exhausted in 2019, the Medicare trustees said in their annual report.
Last year's report also predicted the fund would run out of money in 2019, but the trustees now expect the depletion to occur somewhat earlier in that year."
Paying for your chronic diseases of choice is hurting all of us.
Fight back, fit people.
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