Solving the Medicare Crisis

Brief Analyses | Health

No. 163
Friday, May 05, 1995
by Peter J. Ferrara

Federal budget experts across the political spectrum agree that the Medicare program is having a financial crisis. Without fundamental change, the future looks bleak. Medicare will go bankrupt by 2002. The necessary budget savings can be achieved while providing substantial benefits to the elderly by giving them greater control over Medicare funds, and their own health care.

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