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7/18/2003

Medicare Reform Issues

Medicare Reform Issues

The Crucial Elements of an Acceptable Medicare Bill _

In all probability this legislation, if enacted, will be the last opportunity to address the shortcomings of the Medicare program. Soon the aging baby-boom generation will make it politically impossible to enact serious reforms to deal with the program's staggering liabilities.

This political fact means that this Congress must face up to the task of legislating real reform, modernizing the program, and taking sound and decisive steps to eliminate new unfunded liabilities. Simply adding a new benefit and sharply increasing the unfunded burden being passed on to future generations would be unconscionable.