Trustees Confirm Biggest Threat to ‘Medicare As We Know It’ Is the Status Quo

WASHINGTON – Congressman Tim Griffin (AR-02) issued the following statement after today’s report by the Medicare trustees that the Medicare trust fund will be exhausted by 2024, five years earlier than previously projected:
 
“Today's report confirms what we have known for some time: The biggest threat to ‘Medicare as we know it’ is to maintain the status quo and do nothing.  If we do nothing, Medicare goes bankrupt and sooner than we thought.  Our House Medicare reform plan is needed now more than ever.  It keeps our promise to current seniors, 55 and older, and saves Medicare for future generations.”