Quote:
Originally Posted by Excaliber
SPO1715, if you don't believe the estimate it is likely you don't understand how the calculations were made. A more reasonable approach would be to question the math than to dismiss the calculations.
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I know what the CBO has calculated, but they only calculate what they are given. The fact is taxes are being collected 4 years in advance of benefits being delivered, as well as counting on medicare cuts. Most politicians are saying that cuts in medicare are not realistic, so those savings are not going to happen.
On top of all this what has the government ever done within budget? What were the estimates when medicare began? what has the actual cost been? I am retired from the government and my wife still works for the government. The difference between private sector and government is the private sector actually has incentive to reduce cost, while the government does not.