Breakdown of Medicare Expenditures

by lewwaters

Pelosi and Obama say this seizure of the healthcare system will reduce deficits?

Not according to Mercatus Center of George Mason University.

“This chart by Mercatus Center senior research fellow Veronique de Rugy uses data from the Social Security Administration to illustrate long-term projections of Medicare revenues from premiums and payroll taxes (blue) along with projected transfers into Medicare from the federal government (red) and the projected deficits in Medicare’s Hospital Insurance Fund (orange); when summed these components add up to total long-term Medicare expenditures.”

How do you spell R-A-T-I-O-N-I-N-G?

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