News Source
EXCERPT:
Congress often appears to function via the mantra of “one step forward, four steps back.” Even when policymakers take action — as in recent steps to fight fraud in government programs — they continue to ignore bigger issues with entitlement spending.
The annual release of the Medicare trustees’ report illustrates the problem. This year’s report showed that, by the end of last year at least, the administration’s anti-fraud efforts had not delayed the program’s (technical) insolvency date. Meanwhile, another year passed without lawmakers acting to fix a program that has been functionally insolvent for years.