Do you know about this?

The 2009 Social Security and Medicare Trustees Reports show the combined unfunded liability of these two programs has reached nearly $107 trillion in today’s dollars! That is about seven times the size of the U.S. economy and 10 times the size of the outstanding national debt.

The unfunded liability is the difference between the benefits that have been promised to current and future retirees and what will be collected in dedicated taxes and Medicare premiums. Last year alone, this debt rose by $5 trillion. If no other reform is enacted, this funding gap can only be closed in future years by substantial tax increases, large benefit cuts or both.

Yes, Medicare and social security are broke. You still insist that it would be a great idea for the government to expand its role in providing medical services with a “public option”. I don’t really understand in what kind of fantasyland are you living in. What is the rationale? Will the “public option” be self-financed by the premiums paid into it? Or will it be financed the same was as the “stimulus” package with our children and grandchildren money?