Three cheers for Medicare!

Found via The Big Picture.
I guess Sarbanes-Oxley doesn’t hold any clout over the government. Barron’s ($ required) reports this week that the White House is pulling some goofy financial trickery to make Medicare appear more afloat than it is.

The government fiscal year begins in October. They apparently have a plan to withhold any payments for the last 9 days of this fiscal year and send them out in October. They figure this will save them $5.2 billion on this year’s books. Ta-dah! Free money! Isn’t it funny how that works? Sheesh.


~ by nhak on August 28, 2006.

2 Responses to “Three cheers for Medicare!”

  1. Next cost-savings plan: Send Medi-care recipients to Iraq!

  2. I think we should just get all Logan’s Run and kill folks before they get too old and become a burden on everyone else. Think of the savings!

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