On the recordJune 19, 2013
The long-term 75-year deficit has also improved, dropping from 3.88 percent in 2099 to 1.11 percent in 2013, that is a 72 percent decline.
Source
congress.govThe long-term 75-year deficit has also improved, dropping from 3.88 percent in 2099 to 1.11 percent in 2013, that is a 72 percent decline.
McDermott points out significant improvements in Medicare's long-term deficit.
Share & report
More from Jim McDermott
Thanks to MACRA, we have set Medicare on a more sustainable course that will allow us to pay for volume in health care--or excuse me, value in health care, rather than volume.
The best way to improve and sustain Medicare is by expanding it and strengthening it because, unfortunately, there are holes in the program that weaken health security of our beneficiaries.
The creation of Medicare in 1965 was one of the great policy achievements in the history of this country.