Economic Crisis Federal Budgets and Public Policy May 15, 2009.

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Economic Crisis Federal Budgets and Public Policy May 15, 2009

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Medicare Medicare Cost and Non-Interest Income by Source as a Percent of GDP

Transcript of Economic Crisis Federal Budgets and Public Policy May 15, 2009.

Page 1: Economic Crisis Federal Budgets and Public Policy May 15, 2009.

Economic CrisisFederal Budgets and Public

PolicyMay 15, 2009

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Annual Reports

Both Medicare and Social Security costs are projected to grow substantially faster than the economy over the next several decades, but tax income to the HI and OASDI Trust Funds will nothttp://www.socialsecurity.gov/OACT/TRSUM/index.html

Income and Cost Rates(Percentage of Taxable Payroll)

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Medicare

http://www.socialsecurity.gov/OACT/TRSUM/index.htmlMedicare Cost and Non-Interest Income by Source as a Percent of GDP

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President’s Budget

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Social Security

Number of OASDI Beneficiaries Per 100 Covered Workers

The number of covered workers per OASDI beneficiary, which was about 3.2 in 2008. This ratio declines under all three alternatives because it is the inverse of the ratio of beneficiaries to workers.

http://www.ssa.gov/OACT/TR/2009/IV_LRest.html#179669

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DiscussionHow is the current economic crisis affecting Social Security and Medicare?

What measures are taken by the Obama administration to address Social Security and Medicare problems?

Why the proposed measures go contrary to the Keynesian stimulus plan?

http://www.whitehouse.gov/blog/