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Solving the Medicare Crisis with Personal Accounts

June 17, 2008, 2:30 - 3:30 PM - Washington, D.C. Area

 

     Rettenmaier, Furchtgott-Roth, and Saving

THE HUDSON INSTITUTE CENTER FOR EMPLOYMENT POLICY

recently held a seminar entitled

Solving the Medicare Crisis with Personal Accounts

Tuesday, June 17th, 2:30 p.m. to 3:30 p.m

Hudson Institute: Betsy and Walter Stern Conference Center

1015 15th St, NW, 6th Floor, Washington, DC 20005

Medicare is in trouble.  Medicare is spending more than it takes in and spending is expected to increase by seven percent per year over the next ten years.  Given the current state of Medicare, significant changes are necessary and urgent.  Thomas R. Saving and Andrew J. Rettenmaier discussed Medicare accounts and the public debt.  They propose that Medicare reform with prepayment can revitalize Medicare while reducing government debt.  Additionally, while reform in the short-term is not without fiscal consequences, over the long term, reform can reduce taxes and offer stability.

Thomas R. Saving is a senior fellow at the National Center for Policy
Analysis and Director of the Private Enterprise Research Center at Texas
A&M University.  He has published many works on the subject, including
co-authoring The Economics of Medicare Reform and co-editing Medicare
Reform: Issues and Answers.
 
Andrew J. Rettenmaier is a senior fellow at the NCPA and Executive
Associate Director of the Private Enterprise Research Center at Texas
A&M University.  He has presented before the National Bipartisan
Commission on the Future of Medicare with Professor Saving. He is also
the co-author of The Economics of Medicare Reform and co-editor of
Medicare Reform: Issues and Answers.

Diana Furchtgott-Roth, senior fellow at the Hudson Institute and former
Chief Economist at the Department of Labor, moderated the
discussion.

This event is free and open to the public.

To request information, please contact Hudson Institute at 202.974.6451 or e-mail Andrew Brown at
abrown@hudson.org
 

 

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