Perspective
Apr. 6, 2013
Reducing the cost of Medicare while increasing revenue
Medicare and Medicaid comprise 21 percent of the federal budget. As such, I want to look at some ways of raising revenues for Medicare that are fair, as well as a few ideas for reducing costs. By Brian Sheppard
David Wessel, in his book "Red Ink," notes that Medicare and Medicaid comprise 21 percent of the federal budget. As such, I want to look at some ways of raising revenues for Medicare that are fair, as well as a few ideas for reducing costs. (First, however, I want to note a comment by a colleague on my last column discussing this issue: Even if someone does retire at 65 and does not receive Medicare until 67, there is still the likely ...
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