Insuring children may squeeze seniors | | 3.26.07
The Democratic Congress, eager to do something that would be popular with voters, is moving to provide healthcare coverage to millions of uninsured children this year, but there’s a catch: Senior citizens enrolled in a popular Medicare program may have to help pay the bill.
Congressional calculus:
ΔS + ΔC = 0, where ΔS = change in spending for seniors, ΔC = change in spending for children.