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Republicans want to cut Medicare?

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8 comments

  • Don McManus
    Bored of base-line budget blather.

    The goal should not just be cuts to growth, but actually delving into why medical costs are growing so ridiculously and empowering individuals, doctors and other providers to spend less on medical care. This would result in an organic reduction in spending evident at the end of the fiscal year when fewer dollars went out than were budgeted.
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  • serf
    New Scares for the baby boomers for you have to cut where the meat is.Even The Democrats will allow some cuts after they get a better deal after Obama care fails.

    YOU will end up in one payer system if your job cannot supply the Health Insurance but you will be taxed on it as income however.

    The system is showing it's cracks and it's a house of cards anyway! The government pays less but you still get the benefits?? What a joke it has become here in America.

    serf

    Physicians, hospitals, and other providers would see their Medicare payments shrink by $25 billion next year if Congress approves a House Republican tax bill that would add roughly $1.5 trillion to the federal deficit over 10 years, the Congressional Budget Office (CBO) said today.

    Lower reimbursement would materialize because the increase in the deficit would trigger automatic "sequestration" cuts for a variety of federal programs, including Medicare, under the Statutory Pay-As-You-Go (PAYGO) Act of 2010. That law essentially forces the government to erase its red ink.

    The House measure, called the Tax Cuts and Jobs Act, would add a prorated $150 billion to the deficit each year for 10 years, beginning in 2018. If Congress doesn't pass other legislation to offset the deficit increase, or otherwise somehow bypass PAYGO requirements, the CBO said, the White House Office of Management and Budget (OMB) would have to order $136 billion worth of sequestration cuts next year. There's already a PAYGO credit of $14 billion on the books for 2018, which would bring the total offset to the necessary $150 billion.

    PAYGO sequestration doesn't reduce guaranteed Medicare benefits to seniors, but it does reduce payments to providers, but by no more than 4%. In 2018, that percentage translates into a $25 billion cut, according to the CBO.
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  • spasmcreek
    every congresscritter that believes they should GIVEAWAY your tax money to non citizens and throw billions overseas should be horse whipped out of his cushy job
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  • wifetrained
    Didn't the Oblabber administration cut Medicare in order to help fund Oblabbercare?? Something like $500 billion smackers over a 10 year period.
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  • discusdad
    nope, that was Medicaid funds, a completey different animalquote:Originally posted by wifetrained
    Didn't the Oblabber administration cut Medicare in order to help fund Oblabbercare?? Something like $500 billion smackers over a 10 year period.
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  • Tech141
    quote:Originally posted by spasmcreek
    every congresscritter that believes they should GIVEAWAY your tax money to non citizens and throw billions overseas should be horse whipped out of his cushy job


    I wholeheartedly agree.
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  • Ford 23
    Best of my knowledge Johnson was the first to dip into the SS trust fund congress gave it an IOU. Other presidents since have dipped into the fund since Johnson ran off with a goodly amount to pay for Nam and his beloved Great Society

    I have never heard a politician stating the fund has to be replenished by paying up on the IOU, only it is going broke. There is no way in hell they would kick all the supposedly disable, illegals or any other possible voter off the SS roles--never happen
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  • wifetrained
    quote:Originally posted by Ford 23
    Best of my knowledge Johnson was the first to dip into the SS trust fund congress gave it an IOU. Other presidents since have dipped into the fund since Johnson ran off with a goodly amount to pay for Nam and his beloved Great Society

    I have never heard a politician stating the fund has to be replenished by paying up on the IOU, only it is going broke. There is no way in hell they would kick all the supposedly disable, illegals or any other possible voter off the SS roles--never happen



    It ceased being a trust fund when they merged it into the general fund back in the late 60's. It's amazing how many today believe there's still a separate fund for SS.
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