"Former Medicare trustee Marilyn Moon, PhD, warned Wednesday that Social Security payments cannot keep pace with projected rises in seniors' out-of-pocket Medicare costs as baby boomers continue to retire. The average 85-year-old beneficiary spent 18 percent of his Social Security income on Medicare costs in 2000, which did not include the cost of prescription drug coverage. Under current projections the figure is expected to more than quadruple to 76 percent of Social Security income by 2040."
http://www.foxnews.com/story/0,2933,148534,00.html And so that's why the President is spending his political capital on Social Security - that way you can spend 76% of it to keep you alive while you stave to death in a van down by the river. Duh. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Find out how CFTicket can increase your company's customer support efficiency by 100% http://www.houseoffusion.com/banners/view.cfm?bannerid=49 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:148151 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
