Medicare Financing

Yesterday we heard reports that, because of Obamacare, Medicare was not much better off financially. The unwritten message was that all of those scare tactic articles about how Obamacare was going to bankrupt the country was misplaced. If you actually read the Medicare Trustee report you notice that the writers were the Secretaries of Labor, Treasury, Health Services and the head of Social Security. In other words, all the writers were political appointees of Obama.

However, the end of the report contains a letter from the actual Actuary of Medicare who basically stated that the projections used in the report are somewhat questionable and optimistic.

http://www.theatlantic.com/business/archive/2010/08/consider-the-source/61096/