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URL:  http://boards.fool.com/a-shortfall-is-a-shortfall-you-have-to-borrow-30358500.aspx

Subject:  Re: Poll: Obamacare Effect Date:  11/3/2012  1:22 PM
Author:  sykesix Number:  46072 of 62024

A shortfall is a shortfall.

You have to borrow money from the Chinese and pay them interest.


Yes, but the shortfall is far, far smaller than that silly paragraph suggested. By law, a large portion (about half) of Medicare is supposed to be paid from the general fund. The general fund itself has a shortfall, but most of that is due to the Bush tax cuts, increased spending due to the poor economy (mostly Medicaid and UI), and wars of choice overseas. In other words, Medicare has a shortfall only the sense the general fund has a shortfall.

Increases Medicare costs are indeed a problem, but there are many common sense solutions to that problem. For example, the ObamaCare reforms extended the Medicare Trust Fund solvency by about eight years, to 2024.
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