Think Tank Experts to Explore if Excessive Spending and Borrowing Could Impact Future Health Care Coverage
WASHINGTON, Feb. 11 /PRNewswire-USNewswire/ -- Pajamas TV (www.PJTV.com) announced today that it will hold an initial "hearing" beginning at noon Thursday on the stimulus package here in Washington, D.C. The hearing will feature economic and health care experts who will explore the realities of the so-called stimulus package and the potential impact on future health care coverage and benefits. The hearing will also include Joe Wurzelbacher, known to America as Joe the Plumber.
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The hearing, to be broadcast live on PJTV, will go from 12:00 PM Eastern Time to 2:00 PM Eastern Time at the offices of the Foundation for the Defense of Democracies. It will be open to the public and media with limited space. Advance registration is required at [email protected]. The public can submit questions for the panel via email at [email protected] or by Twitter replies to twitter.com/pjtv. Participants include:
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Financial Panel
Health Care Panel
Where: Foundation for the Defense of Democracies, 1726 M Street NW, Washington, D.C.
When: 12:00 PM to 2:00 PM Eastern Time
PJTV HOLDS HEARING ON STIMULUS BILL AND HEALTH CARE IMPACTS
Background
In discussions of the impact of the stimulus bill and related bailout measures before Congress, for the most part, the public hears inexact expressions such as "mortgaging our future" and "putting a financial burden on our grandchildren." But are there more direct impacts that result from the astronomical levels of spending and borrowing currently being contemplated?
A GAO (Government Accounting Office) 2007 Financial Report of the U.S. Government indicated that in about 2030 to 2040 our federal government revenues would not be sufficient to pay already enacted nondiscretionary items like Social Security, net interest payments, Medicaid and Medicare. The growing costs of entitlements are bringing that date closer. Interest payments on past and future borrowing for bailout and stimulus packages could bring the date closer still.
Although there are some measures and plans to reign in health care and entitlement costs, will these measures compensate for the higher interest costs that the U.S. will pay? Will we reach a point when medical coverage and benefits will need to be severely cut because of financial decisions we are making today? If so, how can we prudently balance today's spending and borrowing with possible impacts on future health coverage and Social Security benefits?
Pajamas TV
Pajamas TV is a conservative and center-right Internet TV company. Working with conservative think tanks such as The Heritage Foundation, and Manhattan Institute, and bloggers such as Michelle Malkin, Glenn Reynolds, and Hugh Hewitt, Pajamas TV started production in September 2008 as the first online TV venture to be given a sky box at the Republican National Convention in Minneapolis. Recently Pajamas TV has hired Joe Wurzelbacher (aka Joe the Plumber) to cover the Hamas terrorist war against Israel, the stimulus bill in Washington D.C. and to host the "Just Joe" show at Pajamas TV.
Conservatism 2.0 at CPAC
Pajamas TV is also sponsoring a joint conference at CPAC 2009 on February 26 and 28 in D.C. - called Conservatism 2.0 - the future of Conservatism.
-- Moderator: Jennifer Rubin, Washington Editor, Pajamas Media -- Joe Wurzelbacher (a.k.a. Joe the Plumber), PJTV - Opening Comments, Questions from Public
SOURCE Pajamas TV
