Unfunded Mandates | Clipmarks


	Unfunded Mandates

Doctrader

8-23-2009 11:37 AM

231 views

tags:

mandates, unfunded, health, insurance, cost

Doctrader says:

This is just the tip of the iceberg. There are $50 TRILLION UNFUNDED MANDATES RIGHT NOW! If you count up the numbers from pension plans, which are unfunded, the FDIC, Pension Benefits Guarantee Fund (PBGF) , and Social Security, we are in dip S***

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a899ab00-e68a-4ad0-bd72-1144139de97b/94A91271-EB90-4BC0-A4DB-962F269B8007/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.foxnews.com/politics/2009/07/23/years-health-care-coverage-costs-turn-unfunded-mandate/" href="http://www.foxnews.com/politics/2009/07/23/years-health-care-coverage-costs-turn-unfunded-mandate/" style="font-size: 11px;">www.foxnews.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foxnews.com/politics/2009/07/23/years-health-care-coverage-costs-turn-unfunded-mandate/"><H1>After 10 Years, Health Care Coverage Costs Turn Into Unfunded Mandate</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foxnews.com/politics/2009/07/23/years-health-care-coverage-costs-turn-unfunded-mandate/"><P>For instance, one
      of the ways the House is raising funds to offset the cost of the health care reform is by "saving" some $380 billion from
      Medicare spending, according to the CBO. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foxnews.com/politics/2009/07/23/years-health-care-coverage-costs-turn-unfunded-mandate/"><P>But Medicare is already on the brink of collapse. Medicare Part A has
      $38 trillion in unfunded liabilities. Any savings from Medicare would likely be used to help prevent its own financial
      problems. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foxnews.com/politics/2009/07/23/years-health-care-coverage-costs-turn-unfunded-mandate/"><P>The Medicare Trust Fund also will not have enough money to pay its bills in 2017, just four years into
      the new reforms and yet no provision has been made to fix that. In fact, Medicare will need another $228 billion just
      from 2017 to 2019 to pay for promises already made by the federal government.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foxnews.com/politics/2009/07/23/years-health-care-coverage-costs-turn-unfunded-mandate/"><H2>President Obama says he will not sign a health care reform bill that adds to the deficit but GOP number-crunchers accused
      House Democrats on Wednesday of budget sleight-of-hand that will add hundreds of billions to the deficit. 
   </H2></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/94A91271-EB90-4BC0-A4DB-962F269B8007/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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