Reclaiming my time a second, that is a good point, and that is why our budget goes from $4,800 to $7,100 per person with anticipation of the population increase, $4,800 to $7,100, which again is not a cut. Now, one of the questions is, OK, is that enough? Let me finish now. Is that enough? Well, I can say this, if we do not act to reform, preserve and protect Medicare, the April 3 trustees report has already told us it is going bankrupt. So while we cannot tell you with absolute certainty that going from $4,800 to $7,100 is going to be perfect, we can tell you with certainty based on the trustees report of April 3, 1995, that Medicare is going bankrupt in 7 years.
Jack Kingston: “Reclaiming my time a second, that is a good point, and that is why our budget goes from $4,800 to $7,100 per person with…”
Editor's note · Context
Discussing Medicare funding and the urgency of reform during a budget debate.
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