Liberal group outlines $385B in Medicare cuts

November 14, 2012 by Ricardo Alonso-Zaldivar

(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 's and the 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.

Explore further: Medicare prescription premiums unchanged for 2012

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ForFreeMinds
1 / 5 (1) Nov 14, 2012
Medicare is a lousy deal. After paying Medicare taxes all one's working life, you'd expect that you'd pay less for your health care when on Medicare. But you don't, you actually pay more than before Medicare existed!!!

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.
freethinking
1 / 5 (4) Nov 14, 2012
Idiots who voted for Obama are getting their just desserts. Medicare will be dropped while health care made more expensive.

PaxAeterna
3 / 5 (2) Nov 15, 2012
Finally, they are securing Medicare for future generations. About damn time.
Bookbinder
5 / 5 (1) Nov 17, 2012
"you actually pay more than before Medicare existed!!!"
That's because you get more medical care than existed before Medicare existed. Your assertion appears to be logically challenged.

madsam
not rated yet Nov 19, 2012
"you actually pay more than before Medicare existed!!!"
That's because you get more medical care than existed before Medicare existed. Your assertion appears to be logically challenged.



Something something socialist something something communist propoganda something something fewer jobs and more taxes something something debt. See, irrefutable proof!

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