House GOP considers privatizing Medicare

Discussion in 'Politics' started by Flaylo, Jan 28, 2011.

  1. Flaylo
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    Flaylo Handsome Devil

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    House GOP considers privatizing Medicare - Yahoo! News

    Medicare was one of the most highly charged issues during last year's congressional elections, which put the House back in GOP control. Republicans slammed Democrats for cutting Medicare by about 6 percent over 10 years to finance President Barack Obama's health overhaul.

    But replacing Medicare's open-ended benefit with a fixed payment would cut projected spending much more deeply.
    "Anyone who doesn't think privatization will mean severe cuts to Medicare benefits, I have a bridge I'd like to sell them," said Sen. Chuck Schumer, D-N.Y. "Privatization will make the cuts previously proposed by either party look tame."


    Can anyone say bait and switch? :D
     
  2. ba1614
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    ba1614 Silver Member

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    Yes another one of the obamas' own debt commission suggestions that they won't look at because it doesn't fit their plans.
    A forgotten paragraph from the above posted link.

    "The idea of a Medicare voucher recently received bipartisan support from a debt reduction panel led by former Republican Sen. Pete Domenici of New Mexico and prominent Democratic economist Alice Rivlin, a former Federal Reserve vice chairman. Obama's own debt commission said the idea should be considered as an option if other strategies fail to get health care costs under control."
     
    Last edited: Jan 28, 2011

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