Liberal group outlines $385B in Medicare cuts
November 14, 2012 by Ricardo Alonso-Zaldivar in Health
(AP)—A think tank allied with the White House is releasing a plan for Medicare cuts—hoping to stave off even bigger health care reductions in upcoming budget talks with Congress.
Due out Wednesday, the proposal from the Center for American Progress calls for savings of $385 billion over 10 years. President Barack Obama's health care law and the Medicaid program for the poor are largely spared.
Instead, the plan targets Medicare service providers, from the drug industry to hospitals.
Higher-income Medicare recipients would face increased monthly premiums for outpatient and prescription coverage. After taxes, health care costs are probably the thorniest issue facing policymakers looking for a way to avoid the fiscal cliff, a combination of tax increases and spending cuts looming Jan. 1 if compromise fails.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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From David Goldhill (CEO of the Game Show Network, author of "How American Health Care Killed My Father" and life long Democrat): "So even with the government paying almost all of their bills, today's seniors pay a higher share of their income for health care than seniors did before Medicare." http://www.huffin...229.html
This argues that dismantling Medicare would lower costs for seniors, who are on Medicare.
As PJ O'Rourke said, "If you think things are expensive now, just wait until the government makes it free." We don't have to wait, we're already getting a lousy deal.
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That's because you get more medical care than existed before Medicare existed. Your assertion appears to be logically challenged.
Nov 19, 2012
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Something something socialist something something communist propoganda something something fewer jobs and more taxes something something debt. See, irrefutable proof!