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U.S. Governmental News

Medicare Trustees May Sound New Alarm

Friday, April 20, 2007 2:17:03 AM
By KEVIN FREKING

WASHINGTON (AP) - The upcoming report on Medicare's financial health is likely to contain a first-of-its-kind warning that will require President Bush to find ways to make the entitlement program more self-reliant.

House Republicans came up with the idea for the warning when drawing up the Medicare drug benefit in 2003. Lawmakers say they were concerned the program's future growth would crowd out essential spending for defense, education and other purposes.

"It's just one way of throwing some water in our faces so we look at this problem" said Rep. Paul Ryan, R-Wis.


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