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Social Security along with medicare

            
             The article "Social Security, Medicare Weaker was posted 3/17/03 in the CBS News. The article was published March 17, 2003. The article stated that the Social Security trust fund is slightly stronger than it was a year ago, but the Medicare program for the elderly is four years closer to insolvency as the baby boomer generation prepares to tap into both programs, according to the trustees of the program.
             President Bush has proposed allowing younger workers to start investing privately a portion of their Social Security taxes, but key Republicans in Congress have said they don't expect that kind of major overhaul taking place until after the 2004 election. According to the article the Social Security's projected insolvency date was extended to 2042, one year later than what was projected a year ago, according to the annual report released by the government trustees. The Medicare's insolvency dates were moved up to 2026 from 2030 a year ago.
             Government officials have been predicting for years that the retirement insurance and health care funds for the elderly both financed through payroll taxes will be pushed toward insolvency as more post-World War 11 baby boomers reach 65. The trustees" said the deterioration of Medicare's financial picture in the last year was due to projected lower tax receipts devoted to the program and higher expenditures for inpatient hospital care.
             Many republican leaders have said than adding a prescription drug benefit without broad reforms would doom the already financially strained Medicare program. Democrats have accused the GOP of exaggerating the program's plight. They believe that President Bush and his allies ultimate goal is to siphon taxpayer funds to the insurance industry by pushing elderly and disabled Medicare beneficiaries into managed care and other private plans.
             The implication for social work is to have a strong lobbyist to help put in place policies that would guarantee protection of social security and Medicare insurance funds for the elderly.


Essays Related to Social Security along with medicare

1. Social Security

Along with this act there were several provisions for general welfare. ... If you study the history of Social Security, you could not help but be very familiar with how our government's checks and balances work. ... Not the case with Social Security, it has gone through many significant ratifications, that now the program looks nothing like the original. In one way or another each President that has held office has had to deal with the issue of Social security. ... New legislation that deals with Social Security goes through our political system more than anything else in the Nation...

  • Word Count: 1202
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2. Social Security

Summary of Social Security Articles The article entitled "The Boomers Queasy Future," dealt with the fact that social security will be running out soon so government officials are looking for ways to remedy this problem. Because the baby boom generation is so big there is a problem with getting them the necessary social security for when they retire. ... One way would be to deny the upper-class their right to Medicare. ... The second article entitled "Straight Talk on Social Security" also deals with the problems of diminishing retirement funds. ... Both Democrats and Republicans fa...

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3. Contemporary Issues

However, there is a fine line that separates these two terms along with their categories. ... Many of these people rely on sources such as social security, Medicare, or Medicaid in order to make ends meet. ... Within the past years it has been known that Social Security and Medicare are going through very hard times. ... For example, with Social Security, working individuals pay into the program until they retire. ... Unfortunately, both Social Security and Medicare have had extreme problems since the beginning. ...

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4. American Social Policies of the 1960's

At the federal level, there was the food stamps program (presently known as SNAP benefits), Medicaid, Social Security Income, and Temporary Assistance for Needy Families (TANF). Along with providing funding and services for people living in poverty, the United States has also created programs for people with disabilities. ... For example, the Association for Retarded Citizens (ARC), along with other organizations, demanded equal access and called for a redefinition of the term disability. ... In chapter six, Barusch discusses the history and growth of the health industry, along with the role...

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5. The Government Shutdown of 1995-1996

He increased funding to better other operations, such as the Federal Bureau of Investigation (FBI) and the National Security Agency (NSA). ... Because Medicare was expected to run out of money in 1999, the Medicare trust fund was extended to fund Medicare until 2025. ... Clinton, along with Vice President Al Gore, wanted to increase funding for the American educational system. ... Bill Clinton's goal was to govern the United States as a Democratic president calmly, but because of the shutdown, he, along with Newt Gingrich and the rest of Congress, only caused unnecessary chaos. ... Withou...

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6. Colleges and Selective Admissions

College can help those people to develop the social skills they need in order to become active. ... With college they will be able to network and meet different people with different resources. ... People with college degrees are guaranteed to achieve higher paying jobs. ... If there are less people living in poverty the government will not have to dish out as much money for government assistance such as food stamps, social security, Medicare, etc. ... Every can't take the work load that comes along with it, but this should be left up to that individual to decide if they can handle it or ...

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7. Election 2002

On the federal level with the balance in the Senate hanging on one vote, the nation is tuned in on this election along with other tight races. ... The major issues in this election race starts with Social Security. ... Saxby Chambliss supports the president on discovering new methods for investing Social Security. ... Marshall like Cleland supports the pro-choice movements, protecting Social Security, and adding prescription drugs to Medicare (Marshall for Congress). Clay like Chambliss is pro-life, interested in investing some of Social Security, and possibly for adding perceptions drug b...

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8. Budget Surplus

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9. Baby Boom

The baby boomers have left their indelible mark on America's social landscape. ... Can America afford the social, medical, and political issues the aging baby boomers demand? ... Among the many cultural contributions of the baby boomers along with the free love, the drug scenes and Grateful Dead ties, was the concept of generation gap (Veith G.). ... Children were dressed, for the most part, like little adults, but in the mid twentieth century, American culture became stratified along generational lines (Veith G.). ... This process was helped along with not only television, but perhaps ev...

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