nearvideo report: Entitlement programs are in danger
Medicare and Social security, the money from; the reaction and the analysis from the ‘Special Report’ All-Stars.
The worrying financial situation of the Social security and Medicare a “slow-rolling disaster,” Fox News contributor, Charles represented Injured, said on Tuesday.
“The fact remains that you said they go bankrupt and something must be done,” Injured on “Special Report”.
His comments came in light of a report to the Board of Trustees warned that the programs are headed for insolvency.
In the year 2020, according to the report, the Social security of the sum of the cost of his total income exceed, for the first time in nearly four decades., and in seven years, Medicare’s hospital trust fund is consumed.
More progressive lawmakers, including Sen. Bernie Sanders, I-Vt., have proposed to create the expansion of Medicare, a single-payer health care system. According to Hurt, that would only make matters worse, by the further centralization of power in the hands of the bureaucrats.
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“Unfortunately, the idea of the ‘Medicare for All’ — on top of the problems which we face now the typical response of government to more centralized governance from Washington is somehow. This is the whole problem in the first place,” he said.
“Massively” expanded Medicare, he added, would not solve the Problem, the program. “It’s going to break you,” he said.
Jonah Goldberg, senior editor of “National Review” argues that, while the President Trump’s administration ignored the bleak future of Medicare and Social security, Democrats proposed measures would make the situation even more acute.
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“We have said a massive wealth transfer from young people to old people,” Goldberg. “It’s not sustainable, it has to be screwed from the ground up.”
Although Injured, realized the situation looked bad, he also predicted that the country made a strong economic situation, the reform will be easier for the government, those expensive programs. “It will be much easier to fix these programs with a good economy, as we are now,” he said.