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COPYRIGHT 2005 Investor's Business Daily, Inc.
Health: Medicare is even more a fiscal mess than Social Security. And of all government programs, it's the one most urgently in need of ownership-society ideas.
Last week, the trustees who oversee the funding of America's old-age safety net issued their annual report with its now-familiar message: Social Security will run out of money by 2041. Medicare is running out of money even faster. It will be broke in 2020.
This raises a question President Bush's critics love to ask: Why, with Medicare in such bad shape, push Social Security...
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