It is hard to look at the news or read a business-oriented magazine these days without seeing the word bailout�?�usually screaming in large, bold type. While today�??s bailout discussions involving the financial services markets are current events, the article below describes a potentially even more massive bailout of Medicare in the not-too-distant future.
Though the scale is enormous, at least this bailout is far enough in front of us to plan for an orderly workout of the situation. Here�??s hoping there is enough political fortitude in Washington DC to make this happen in a manageable way, since the ramifications are wide reaching.
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