What the Heck Are Medicare Vouchers?
A Rundown On What They Do, How They’re Meant To Help, and Why They Probably Won’t
Enacted in 1965 and implemented in 1966, Medicare, which largely covers the healthcare costs for America’s seniors, has become one of the federal government’s most beloved programs. It’s also one of the most expensive. In 2011, outlays came to $486 billion, about 14 percent of federal expenditures.
Everyone knows Medicare needs to be set on a sustainable course, but partisan exchanges about how to achieve that have become increasingly sharp. This election season, Republicans have accused President Obama of cutting Medicare, while Democrats have accused Republicans of intending to end Medicare …