Hi there,

Immigration raids are spreading across the country. The agencies meant to protect public health are being dismantled from within. Public broadcasting is being defunded... Today, Democracy Now!'s independent reporting is more important than ever. Because we never accept corporate or government funding, we rely on viewers, listeners and readers like you to sustain our work. Can you start a monthly donation? Monthly donors represent more than 20 percent of our annual revenue. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Report: Medicare To Go Broke By 2016

HeadlineMar 24, 2004

A new government report is predicting that the Medicare system will go broke in 15 years in part because of President Bush’s new Medicare prescription drug plan. Last year the government was projecting the Medicare system would stay solvent until 2026. Bush successfully pressed for an overhaul of the Medicare system that gave private insurers a much greater role in the program. An analyst from the Center for American Progress told the Washington Post the Medicare financial problems are a “direct result of increased payments to private health plans.”

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top