To keep baby boomers healthy and out of poverty – the biggest threat to US finances

1983 was the year in which the United States last made substantial changes to the public pension and healthcare programs. It is estimated that, as baby boomers retire, these programs will cost $1.3 trillion dollars in 2011 and $2.3 trillion dollars in 2021, since healthcare costs are increasing faster than inflation and people live longer. One of the main problems, stated in this article, is the divided opinion of Republicans, that want to cut expenditure, and Democrats that want to increase taxes.