Simpson: Medicare on 'auto-pilot' to squeeze out the rest of federal domestic spending

Bloomberg: Simpson Says Medicare to Squeeze Out Government Spending
Former U.S. Senator Alan Simpson, co-chairman of President Barack Obama's fiscal commission, said escalating Medicare costs stand to squeeze out the rest of domestic government spending. "Medicare is on automatic pilot. It will use up every resource in the government," the Republican former senator from Wyoming said in an interview today on Bloomberg Television. Asked about spending ranging from highway programs to the Federal Bureau of Investigation, Simpson said: "The things you just mentioned will be completely squeezed out" by Medicare (Fairchild, 8/13).