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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


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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