https://redstate.com/dhorowitz3/2011/10/31/telling-the-truth-about-medicare/feed/Conservative News & Politicsen-usWed, 10 Jun 2026 10:16:12 -0400<![CDATA[By far, our largest unfunded liabilities are Social Security and Medicare.  According to recent actuarial reports, Medicare faces a $25 trillion liability and Social Security has an unfunded liability of $21 trillion.  And those numbers are regarded as low-ball figures, due to their unrealistic accounting for cost-cutting measures.  They already represent the largest expenditures of the federal government, with Social Security and Medicare consuming 20.2% and 14.6% of the budget respectively.  Those numbers are slated to skyrocket as the retirement population doubles over the next three decades.  Hence, any meaningful discussion of balanced budgets must include a plan to fix these two entitlement behemoths – brought to you by previous Democrat presidents.]]>Mon, 31 Oct 2011 15:09:35 -0400<![CDATA[Daniel Horowitz]]>https://redstate.com/dhorowitz3/2011/10/31/telling-the-truth-about-medicare-n40962