House Dem Urges Supercommittee To Look At Nukes
Rep. Edward Markey (D-Mass.) called on the Super Committee at a news conference on Tuesday to make extensive cuts from the U.S. nuclear weapons budget over the next decade.
“The Soviets are long gone yet the stock piles remain,” Markey said, pointing out that there are currently 5,000 nuclear weapons in the U.S. stockpile that cost American tax payers $50 billion every year.
“That makes no sense,” Markey declared.
When asked by TRNS about the very real threat of Iran developing nuclear weapons, he passed the question along to General Robert Gard Jr., chairman of the Center for Arms Control and Non-Proliferation.
“We are not going to stop Iran from enriching Uranium by maintaing 5000 nuclear weapons in your stockpile,” Gard explained. “Getting down to 1000 nuclear weapons to deploy ought to be a sufficient warning to them that they probably ought not to imploy the weapons should they develop it.”
“We cannot make ourself any safer with more nuclear weapons,” Markey added. “America needs another nuclear weapon as much as Lady Gaga needs another outfit.”
Markey advocated that the “excess” money used for nuclear weapons would be better utilized in funding for cancer and heart disease research institutions, healthcare for senior citizens and child nutrition programs.
65 members of the House of Representatives have joined with Markey in this effort to cut $20 billion annually from the nuclear weapons program so that $200 billion could be used for funding family programs.
“Simply put,” Markey concluded, “we must freeze the nukes and fund the future.”
Click here to see photos from today’s news conference
Medicare May Be Better Off Despite Cuts, Claims Actuary
By Sarah Mamula - Talk Radio News Service
Although the recently passed health care reform law made $485 billion in cuts to the Medicare program, the social-security safety net may last longer than some have expected.
“We have a far better financial outlook for Medicare than we did a year ago, and that’s a direct result of the patient protection and affordable care act” said Richard Foster, chief actuary of the Centers for Medicare and Medicaid services, during a panel discussion at the American Enterprise Institute Friday in Washington, D.C.
Foster said that due to improvements in the healthcare system, the trust fund for Medicare hospitals is projected to run out in 2029 contrasting last year’s 2017 projection.
He stressed, however, that projections are unreliable. The success of the Affordable Care Act will depend on how it is implemented.
“Nobody knows exactly how these things will work,” said Foster.
As Chief Actuary, Foster works to “provide objective technical information on behalf of policy makers” on the annual Medicare Trustees Report.