Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
The GOP continued its bloody walk into the Medicare buzzsaw Wednesday, when 40 out of 47 Senate Republicans voted in support of the House GOP budget, and its plan to phase out and privatize the popular entitlement program. Here's the link.
Senate Republicans Vote Overwhelmingly To End Medicare | TPMDC (http://dscc.me/4by3 - broken link)
The GOP continued its bloody walk into the Medicare buzzsaw Wednesday, when 40 out of 47 Senate Republicans voted in support of the House GOP budget, and its plan to phase out and privatize the popular entitlement program. Here's the link.
Senate Republicans Vote Overwhelmingly To End Medicare | TPMDC (http://dscc.me/4by3 - broken link)
Quote:
Each year the Trustees of the Social Security and Medicare trust funds report on the current and projected financial status of the two programs. This message summarizes our 2011 Annual Reports. The financial conditions of the Social Security and Medicare programs remain challenging. Projected long-run program costs for both Medicare and Social Security are not sustainable under currently scheduled financing, and will require legislative modifications if disruptive consequences for beneficiaries and taxpayers are to be avoided.
The long-run financial challenges facing Social Security and Medicare should be addressed soon. If action is taken sooner rather than later, more options and more time will be available to phase in changes so that those affected have adequate time to prepare. Earlier action will also afford elected officials with a greater opportunity to minimize adverse impacts on vulnerable populations, including lower-income workers and those who are already substantially dependent on program benefits.
Quote:
Projected Medicare costs over 75 years are about 25 percent lower because of provisions in the Patient Protection and Affordable Care Act, as amended by the Health Care and Education Reconciliation Act of 2010 (the "Affordable Care Act" or ACA). Most of the ACA-related cost saving is attributable to a reduction in the annual payment updates for most Medicare services (other than physicians’ services and drugs) by total economy multifactor productivity growth, which is projected to average 1.1 percent per year. The report notes that the long-term viability of this provision is debatable. In addition, an almost 30-percent reduction in Medicare payment rates for physician services is assumed to be implemented in 2012, notwithstanding experience to the contrary.
The drawdown of Social Security and HI trust fund reserves and the general revenue transfers into SMI will result in mounting pressure on the Federal budget. In fact, pressure is already evident. For the sixth consecutive year, a "Medicare funding warning" is being triggered, signaling that projected non-dedicated sources of revenues -- primarily general revenues -- will soon account for more than 45 percent of Medicare’s outlays. That threshold was in fact breached for the first time in fiscal 2010. A Presidential proposal is required by law in response to the latest warning..
The democrats are going to get a new name, can-kicking demagogues. It'll be a cool foozeball name. They can pat each other on the back while snipe hunting.
It's a shame that the democrats dont' have a plan other than to simply demagog the replublican plan..
That's leadership for ya!
Thats the only plan they need. People like their "entitlments" too much, and they dont care that the country is going bankrupt to provide it.. its all about "me me me"
The GOP continued its bloody walk into the Medicare buzzsaw Wednesday, when 40 out of 47 Senate Republicans voted in support of the House GOP budget, and its plan to phase out and privatize the popular entitlement program. Here's the link.
Senate Republicans Vote Overwhelmingly To End Medicare | TPMDC (http://dscc.me/4by3 - broken link)
LIES, LIES, LIES. Not end, but fix. But facts never get in the way of a Leftie rant, do they?
OK, so that budget is unacceptable to you? You must like the Dem budget.....oh wait, they haven't had one IN YEARS.
The GOP continued its bloody walk into the Medicare buzzsaw Wednesday, when 40 out of 47 Senate Republicans voted in support of the House GOP budget, and its plan to phase out and privatize the popular entitlement program. Here's the link.
Senate Republicans Vote Overwhelmingly To End Medicare | TPMDC (http://dscc.me/4by3 - broken link)
Too funny, you link is appropriately named. You have gotten your talking points for the day! Go out and pervaricate!
Republicans vote overwhelmingly for fiscal responsibility while Democrats vote to bankrupt the nation..
LMAO! Yeah, death panels for grandma so the right can keep bankrolling big oil and the rich is "fiscal responsibility"
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
