@cicerone imposter,
Cicerone Imposter shows he is quickly descending into senility.
Social Security and Medicare "pie in the sky forcasts"????
Note:
MAY 13, 2009 Social Security, Medicare Face Insolvency Sooner
By T.W. FARNAM
WASHINGTON -- The government revised estimates for the long-term solvency of Medicare and Social Security on Tuesday, moving up the date when trust funds for the entitlement programs will run out of money.
The Medicare fund for hospital care will be depleted in 2017, two years earlier than government actuaries estimated a year ago. Last year marked the first time that Medicare ran a deficit, paying out more in benefits than it generates from taxes and other revenue.
The report also factors in a 21% cut in payments this year, required by law, to doctors working for Medicare. But for the past several years, Congress has canceled that reduction.
The picture for Social Security is better, according to the Medicare and Social Security trustees who issued their annual reports on the two funds Tuesday. The Social Security trust fund wouldn't be exhausted until 2037, but that is four years earlier than last year's report predicted.
The actuaries estimated that Social Security beneficiaries would not receive a cost-of-living increase for the next two years, and that a quarter of Medicare beneficiaries would pay higher-than-usual increases in monthly premiums, 8% in 2010 and 15% in 2011. The trustees are the secretaries of labor, Treasury and health and human services, as well as the commissioner of Social Security.
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Even Cicerone Imposter knows what "government" means. In the first line, "The government revised estimates"--That is Obama's people. Now either they are right and Cicerone Imposter is doing his usual flatuating or they are wrong and prove that Obama's crew are incompetent.
Cicerone Imposter must choose!