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insolvent

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  2. '98
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  5. '04
  6. '06
  7. '08
  8. '10
  9. '12
  10. '15

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Occurrences in the Congressional Record

Entry Title Date
Creating A New Beginning April 27, 2015
David Perdue, R-GA
"What is worse, we have over $100 trillion in future unfunded liabilities related to Social Security, Medicare, Medicaid, Federal pensions, and the interest on the Federal debt. While developing a long-term solution to this debt crisis, we also need to protect today’s seniors and save our safety net programs so they will be there for people who really need them the most, when they need them. Shockingly, Social Security and Medicare trust funds will be totally insolvent in just a few short years, and worse, this administration has no plan to deal with that."
Concurrent Resolution On The Budget, Fiscal Year 2016—Continued April 15, 2015
Michael Enzi, R-WY
"The budget does this by adopting the President’s goal of extending the life of Medicare’s hospital insurance trust fund by at least 5 years. According to the Medicare trustees themselves, the hospital insurance fund could be insolvent as early as 2021, just 6 years from now."
A Balanced Budget For A Better America April 14, 2015
Glenn Thompson, R-PA
"According to the nonpartisan Congressional Budget Office, the Medicare hospital trust fund will be insolvent by 2030, which is closer than we all would like to admit."
Nuclear Agreement With Iran, Sgr And Human Trafficking Legislation April 14, 2015
John Thune, R-SD
"Without reforms, the Medicare trust fund will be insolvent as soon as 2030, leaving seniors without access to the care they have been promised. The bipartisan agreement we are passing today starts the process of strengthening Medicare and putting it on a more sustainable path going forward so that the current generation of seniors as well as future generations can enjoy the benefits they have been promised."
Sgr Legislation April 13, 2015
Jeff Sessions, R-AL
"That is probably correct. If you cut what you pay to doctors or hospitals or medical devices or drug companies, you reduce what you pay, you could extend the life of Medicare, its financial solvency. It is becoming insolvent just as Social Security is becoming insolvent. So we need to do some things to help extend its life so our seniors don’t have to worry about not having health care in the future."

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