Statement By Mike Leavitt, Secretary Of Health And Human Services, On Legislation To Address Medicare Solvency
The law created a “trigger” that requires action if the Medicare trustees have issued two consecutive reports projecting the program’s spending from general revenue would exceed 45 percent. This year, in response to the second consecutive Medicare Trustee report, the President proposed legislation to lengthen the life of the trust fund and improve Medicare and that legislation was introduced by members in both houses.
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Filed under: Medicare / Medicaid / Tricare on July 31st, 2008