On the recordJune 15, 2006
Absolutely not. In fact, under most scenarios, the current rate of spending on almost all of these major programs--such as Medicare, Social Security, and Medicaid--would rise significantly; they just would not rise as fast. Medicare, for example, would probably, over this 5-year period, rise by about 40 percent, instead of 43 percent--something like that. Those are numbers off the top of my head, but those are the types of numbers we are talking about. You are talking about increased spending but at a slower rate and affordable.
Said by
Judd Gregg
Source
govinfo.gov