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THE NATIONAL COMMITTEE TO PRESERVE SOCIAL SECURITY AND MEDICARE
~ 4 Million Seniors ~ One Voice ~No Privatization ~
April 23, 2007
NEWS RELEASE
National Committee President Barbara Kennelly
Reacts to 2007 Social Security and Medicare Trustees Report
“The Medicare funding warning included in this year's Trustees Report is just the latest of many ticking time bombs hidden in the pages of the Medicare Modernization Act of 2003. This warning is arbitrary and completely ignores the real challenge facing Medicare, which is the sky-rocketing cost of our nation's healthcare system.
Arbitrary budget cuts, privatized healthcare plans and industry slush funds are just a few of the MMA provisions which significantly weaken Medicare's financial outlook. The financing problems Medicare faces can not be solved by dismantling the program. Mandating cuts based on an unrealistic target will hurt beneficiaries and ultimately destroy this vital program.”
Barbara B. Kennelly, President/CEO
Media Inquiries to:
Pamela Causey 202-216-8378/202-236-2123
Kim Wright 202-216-8414
The National Committee is a nonprofit, nonpartisan organization that acts in the interests of its membership through advocacy, education, services, grassroots efforts and the leadership of the board of directors and professional staff. The work of the National Committee is directed toward developing a secure retirement for all Americans.