Friday, May 30, 2003

Let's Add Pharmaceutical Benefits On Top of This!

The US Treasury is reporting that the US faces $44.2 trillion in liabilities for future health care and pension obligations. How high can we go if we add additional medical benefits like pharmaceutical benefits on top of this?

If the Bush administration covered this up as FT reports, I'd guess that they were timing the release instead. I would would push the report when asking Congress to start cutting back on this largesse.

You can get a copy of the report here.

I still do not expect anything to be done about the problem. As soon as Republicans talk about cutting back on social programs, the issues are demagogued by the Democrats.

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