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Medicare Trustees: Democrat Plan "Ends Medicare As We Know It"

cpwill

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just so everyone is clear - there is no way that Medicare expenditures continue as they are currently structured.


Contra Nancy Pelosi: We have a Plan - It's called Medicare.



Roskam: In fact, Medicare as we know it will end in 2024, absent some change in policy, or some change in moving forward. That’s right, isn’t it?

Blahous: Yes.
 
Yeah I'm pretty sure everyone that's not an idiot knows that. The fact that Pelosi said that really got to me.
 
Pelosi wasn't saying we should do nothing.
 
Pelosi wasn't saying we should do nothing.

The Democrat Party couldnt bring itself to cut funding for NPR or a Cowboy Poetry Contest........they are never going to touch their two hallmarks.......without the cover of night or a 10,000 page piece of legislation.

.......Do Nothing is Pelosi's plan in entirety.
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From what I have read/heard, she said medicare is fine the way it is.

I think they are really thinking that if they push it hard enough down to the wire, Republicans will have no choice but to agree to massive tax hikes.... and that such wouldn't wreck the economy.
 
From what I have read/heard, she said medicare is fine the way it is.

The quote here does not support that statement. If you have another, link it.
 
that is indeed what she said and what she meant. even the Bowles-Simpson recommendations, which was simply "slowly increase the retirement age" she declared to be "dead on arrival".


there's a reason these people don't want to pass a budget.
 
that is indeed what she said and what she meant. even the Bowles-Simpson recommendations, which was simply "slowly increase the retirement age" she declared to be "dead on arrival".


there's a reason these people don't want to pass a budget.

I'm having a hard time understanding why we wouldn't want to increase the retirement age. People are living longer and we need people to contribute for longer periods of time to the system. Seems like a win/win idea to me. Plus staying active will keep people healthier longer. It's not as if working when you are 67 has dire consequences for people.
 
The employee withholding rate of 4.2% for Social Security tax is two percentage points lower than the 2010 rate of 6.2% for the first $106,800,and was a mistaken political ploy that failed.

Medicare Tax remains unchanged and the employee must have with holdings for the Medicare tax of 1.45% of every dollar of salary or wages. The employer must also pay a Medicare tax of 1.45% on every dollar of every employee’s salary or wages. Making, the combined Medicare tax for 2011 remains at 2.9% on all employees’ earnings.

I believe that someone in the insurance industry need to find out the totals that comes to and see if a restructuring of both Social Security and Medicare and Obamney Care could not be turned over to private industries and them be able to team up with the medical industry and still have everyone make money. Using less tax money for medical than Obamaney Care.

I believe a great deal of money is being wasted in both of these Government run programs by bureaucrats that makes this is possible.

It takes leadership and a lot of wheeling, dealing, an cajoling to accomplish but it needs to be looked at, without the benefit, or hindrances of lawyers, because tort reform need to be included in the package.

I think I could do this in much less than 10,000 pages.
 
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I'm having a hard time understanding why we wouldn't want to increase the retirement age. People are living longer and we need people to contribute for longer periods of time to the system. Seems like a win/win idea to me. Plus staying active will keep people healthier longer. It's not as if working when you are 67 has dire consequences for people.

because they don't care about the economics - they care about the politics. and running on "Republicans want to murder old people!!! is one way to avoid having to talk about your record.
 
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