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Budget chairman warns of consequences if entitlements are not reformed

(By – Rebecca Shabad)

The chairman of the House Budget Committee warned Wednesday that Medicare, Medicaid and Social Security all need to be reformed in order to help people in the long-term. “The danger to beneficiaries is not coming from those of us trying to improve the programs; it is coming in a few short years when Medicare and Social Security go bankrupt. Or, for those on disability insurance, as soon as next year,” Rep. Tom Price (R-Ga.) said at an event hosted by the American Action Forum. Read more…

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