Wondering what the best minds in money are tweeting about? Every other Tuesday we’ll fill you in on the conversation with Tuesday Money Tweets. You’ll get the 140 characters (or less!) of the financial wisdom you crave from around the Twitterverse.

@Freemoneywisdom: Who else is suffering from these high gas prices? Can you say drill baby drill?

@DMWYMoney: Thoughts for Thursday: “About the time we can make the ends meet, somebody moves the ends.” – Herbert Hoover

@MoneyMag_Penny: Most Americans say Medicare, Social Security are in crisis or will be in 10 years.

@Timefinance: The upside of the bad GDP report: Lower inflation? Not today, but if the economy slows probably.

@Money: Expert’s estimate: 60% of short sale contracts fall through

@AmericanExpress: 24 hrs til the Royal Wedding-& more than 60% of US consumers would spend $600 on an invitation if they could buy one

@DebtChronicles: I don’t want to set any more goals. I’m setting expectations.

@Kevin_Is_Money: Sitting at a desk all day makes me so tired. I need a job that gets me out from in front of a computer

@Daveramsey: Work is doing it. Discipline is doing it steady, Diligence is excellence everyday with discipline. The DILIGENT prosper.

@RickWarren: “When justice is done, it brings joy to the righteous but terror to evildoers” Proverbs 21:15

A new government report issued by the Centers for Medicare and Medicaid Services (CMS) says they’re not so sure that healthcare reform will slow healthcare spending. In fact, the experts are predicting that spending will increase at an average rate of 6.3 percent which is .2 percent more than spending would have grown if Obama’s plan had not become law.

According to ABC News, nearly one in five US dollars spent in 2019 will go towards healthcare costs. While the report predicts added expenditures, it also points to the fact that more people will be covered under the plan. They predict that roughly 93 percent of Americans will have health insurance in 2019, an additional 32.5 million people compared to current data.

The experts behind the report see the main expenditures of implementing the new health care program to be $38 billion spend on establishing new health insurance exchanges and a $31 billion increase in the cost of Medicaid. While they predict higher spending over the next decade, the researchers did not delve into predictions after 2019.

Even though the healthcare bill hasn’t begun yet, some changes have already started which are increasing expenditures. The creation of a temporary high-risk insurance pool and providing coverage to dependents under the age of 26 are two moves adding $10 billion to national health spending through 2013, according to ABC News. “While the impacts are relatively moderate on net spending, the underlying effects on coverage and financing are more pronounced,” Andrea Sikso, an economist with CMS’ Office of the Actuary and lead author of the study told ABC News reporters Wednesday. “When you peel back the onion, and you look past the surface, you start to see much more pronounced impacts,” John Poisal, deputy director of the National Health Statistics Group at CMS’ Office of the Actuary, and one of the authors of the study, told ABC News.

A mansion, Arizona real estate, luxury cars and investments were all paid for by money authorities say a Chicago cardiologist scammed from Medicare, according to a report by the Associated Press. The suburban doctor practicing in Burr Ridge was sentenced to five years in prison for what authorities say amounted to more than $13 million in Medicare reimbursements for care that was never provided.

Authorities say 50-year-old Sushil Sheth pleaded guilty a year ago to one count of health care fraud, and received his sentence this week. He’ll begin serving a five year prison term in two months. The fraud happened between January 2002 and July 2007. In June 2007, the Associated Press says that federal agents seized more than 600 uncashed checks from insurance companies totaling more than $6.7 million.

The Chicago Tribune reported that Sheth “lied thousands of times to Medicare and other insurers in order to receive millions of dollars he did not earn for patients he never treated,” according to a statement released by the  U.S. attorney’s office. According to the Chicago Tribune, Sheth stole patient information from three unnamed hospitals and used it to bill Medicare and other insurance companies for services he never performed and patients he never treated.

Some experts say Medicare may be around a little longer than originally projected. Trustees who oversee Medicare and Social Security are adding another 12 years onto the life of Medicare and they say it’s because of President Barack Obama’s health care overhaul. But others remain skeptical that the program’s life has really been extended, according to an Associated Press report. The trustees were careful to add that these projections, “do not represent a reasonable expectation” for hospitalizing America’s elderly.

Originally, Medicare was projected to run out of funds in 2017, but the new report says the program will have enough money to be sustained until 2029. Meanwhile, Social Security is expected to run out of funds in 2037. And the trustees also say they’re not enough money to include a cost-of-living increase in next year’s social security checks.

Treasury Secretary Timothy Geithner said the report showed positive gains, but that much work was left to be done. “We must continue to make progress addressing the financing challenges,” he said according to the Associated Press. “Those reforms require that we achieve very substantial improvements in efficiency and productivity.”

Analysts say that in the future, more of the economy will be taken up by Medicare costs. Right now 3.6 percent of the economy goes to Medicare, but by 2050, experts say that will grow to eight percent, which equates to hundreds of billions of dollars. John Rother, Executive Vice President of the AARP says the affect of Obama’s health care plan won’t be fully known for a while. “The purpose of the law was to slow the growth in health care costs,” Rother said to the AP. “The fact is we really won’t know until some of the regulations get spelled out.”

The recession isn’t helping matters. For the first time since the 1980′s Social Security will hand out more money than it collects. It’s expected to return to a surplus, but then once again have a deficit in 2015. And by 2037 it will only collect enough money to pay out about three-fourths of the benefits that are owed to citizens. “The fact that the costs for the program will likely exceed tax revenue this year is not a cause for panic, but it does send a strong message that it’s time for us to make the tough choices that we know we need to make,” Social Security Commissioner Michael J. Astrue told the Associated Press. Social Security built up a $2.5 trillion surplus, but the government has borrowed that money over the years to fund other programs.

The government is back at it, with the ‘it’ being health insurance negotiations. After a short breather and a regrouping of pro and con forces, President Obama has proposed a new health insurance bill that will cost $950 billion over 10 years. There are a lot of questions, of course, concerning how to pay for the almost trillion dollars of expense, but that will need a lot more debate. In the meantime, consumers want to know what this bill means for their families and their household expenses.

In other words, consumers want to talk about the nitty gritty of how these proposals are going to impact their ability to get and/or keep health insurance and how much it will cost. All the partisan bickering is getting tiresome for many consumers, but they will have to listen to a lot more before a health care bill ever makes it to the Obama’s desk.

In the meantime, the same consumer question remains: what will it cost ME? The new Obama plan remains as ambitious as the old plan. The White House says the new Obama plan makes health insurance more affordable for those Americans in the lower to middle income tax bracket. The plan would add approximately 31 million people to health insurance plans by offering tax credits to offset the cost of the policy. In addition, the Medicaid program would be expanded. Medicaid is funded with both federal and state funds.

The Obama plan also includes new taxes. One of the taxes is on high value insurance plans often called “Cadillac Plans”. A 40 percent tax would be charged on insurance plans that cost more than $27,500 a year and would start in 2018. Fees are placed on drug makers too.

In addition, there is a mandate ordering all Americans to carry health insurance. This particular provision in the bill is highly unpopular with some consumers. People who refuse to get health insurance would have to pay the higher of a 2.5 percent income tax as a penalty or a flat annual fine of $695. There is an exemption for lower income people. The purpose of the mandate is to force healthy people into the insurance pool so that health insurance premiums do not have to go significantly higher.

Yet those who have interpreted the financial impact of the Obama plan say that health insurance premiums will increase by as much as 39 percent.

Another provision in the bill is that employers with more than 50 people on the payroll are required to offer health insurance to employees. If the employer fails to offer insurance then the workers will get a government subsidy to purchase insurance elsewhere and the employer must pay a $2,000 fine per worker.

Senior citizens would see cuts in Medicare Advantage too. This is a program that offers Medicare benefits through private insurance.

There is no public option in the Obama plan.

What happens now? That is the big question. The President convened a bipartisan summit but most do not expect much bipartisan support to come out of it. But President Obama has made one thing clear: He expects some kind of health care overhaul bill to be passed in the near future.

Republicans in the House of Representatives have already called for a hearing that would focus on the President’s decision to probe one of the country’s major insurance companies at the request of Senator Max Baucus.

While speculation abounds concerning what effects a serious effort at revamping the U.S. health-care system would have on Medicare, there remain questions that can only be answered by those who currently maintain and operate the program’s multi-faceted features.