Quote:
Originally Posted by CoachKandSportsguy
Medicare Advantage Reimbursement Rates:
and then power hungry people started cutting taxes to get elected.
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Does Medicare Advantage have a different reimbursement rate than Medicare??
On the tax issue, we cut tax rates. The issue is tax revenue - not tax rates.
We are bringing in $1.6 trillion more this fiscal year than in 2019. Revenue increased by 45.7% in those six years.
However, we are spending $2.6 trillion more in 2025 than in 2019. Spending went up 59.1% in those six years.
Is it a spending issue or a revenue issue?
- FY 2019:
- Revenue: ~$3.5 trillion (16.3% of GDP)
- Expenses: ~$4.4 trillion (20.9% of GDP)
- Deficit: ~$984 billion (4.6% of GDP)
- FY 2025 (Projected):
- Revenue: ~$5.1 trillion (17.9% of GDP)
- Expenses: ~$7.0 trillion (23.3% of GDP)
- Deficit: ~$1.9 trillion (6.2% of GDP)
“Annual income twenty pounds, annual expenditure nineteen [pounds] nineteen [shillings] and six [pence], result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.” ~ David Copperfield