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Article: Bush Medicare Report Misleads; 'Bush Administration Simply Changed the Numbers,' Says Co-Director of Campaign for Americas Future
- Article from:
- U.S. Newswire
- Article date:
- March 23, 2004
CopyrightCopyright 2004 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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The Bush administration's projection that shortfalls in Social
Security and Medicare systems would be nearly $50 trillion -- up from
$18 trillion last year -- is fiction, according to an analysis by the
Center on Budget and Policy Priorities. The Bush Administration used
a new method of calculating numbers called "infinite horizon" -- the
cost of the programs until infinity. The Center's analysis says
"projecting the state of health care and medical breakthroughs in the
24th century lies more in the realm of science fiction than hard
headed policy analysis."
The Bush Administration and Republican Congressional leaders