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Jul 23

A Firm Target for Medicare Sustainability and a Workable Approach to Get There

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Location: The Heritage Foundation's Allison Auditorium

Presidents, Members of Congress, and policy analysts across the political spectrum agree Medicare, like Social Security and Medicaid, is massively unsustainable in its current form. The funding shortfalls under current law will, over time, overwhelm federal finances  Moving past general agreement over the problem toward sensible solutions requires two important steps. The first step is agreement on the quantification of the problem and the magnitude of the solution. Washington cannot make the necessary hard choices if it lacks a firm, agreed upon target. The second step is a workable, politically viable approach that can approach, if not reach the target. This panel will present an approach to determining a target and to hitting the target.

Location: The Heritage Foundation's Allison Auditorium

Presidents, Members of Congress, and policy analysts across the political spectrum agree Medicare, like Social Security and Medicaid, is massively unsustainable in its current form. The funding shortfalls under current law will, over time, overwhelm federal finances  Moving past general agreement over the problem toward sensible solutions requires two important steps. The first step is agreement on the quantification of the problem and the magnitude of the solution. Washington cannot make the necessary hard choices if it lacks a firm, agreed upon target. The second step is a workable, politically viable reform that can approach, if not reach the target. This panel will present an approach to determining a target and to hitting the target.

More About the Speakers

J.D. Foster, Ph.D.
Norman B. Ture Senior Fellow in the Economics of Fiscal Policy, Roe Institute for Economic Policy Studies,
The Heritage Foundation

William G. Gale, Ph.D.
Vice President and Director for Economic Studies,
The Brookings Institution,
and Director,
Retirement Security Project

Donald Marron, Ph.D.
Former Member,
President's Council of Economic Advisers

Hosted By

Alison Acosta Fraser Alison Acosta Fraser

Senior Fellow and Director of Government Finance Programs Read More