[Vision2020] McCain to Cut Medicare & Medicaid

[Tom Hansen]

Thanks for posting this, Saundra.

So, McCain's idea for reducing health care costs is to drastically reduce 
health care availability to our elderly.

Hmmm.

I heard about it last night on "Countdown with Keith Olbermann".

One can only imagine how cutting Medicare and Medicaid is goinig to play 
in a swing state such as Florida.

Tom Hansen
Moscow, Idaho


> For those wondering how in God's green earth McCain's "shell game" health
> care plan could possibly be budget neutral, here's how:
> 
> OCTOBER 6, 2008
> McCain Plans Federal Health Cuts 
> Medicare, Medicaid Spending Would Be Reduced to Offset Proposed Tax 
Credit
> By LAURA MECKLER
> 
> John McCain would pay for his health plan with major reductions to 
Medicare
> and Medicaid, a top aide said, in a move that independent analysts 
estimate
> could result in cuts of $1.3 trillion over 10 years to the government
> programs.
> 
> The Republican presidential nominee has said little about the proposed 
cuts,
> but they are needed to keep his health-care plan "budget neutral," as he 
has
> promised. The McCain campaign hasn't given a specific figure for the 
cuts,
> but didn't dispute the analysts' estimate.
> 
> In the months since Sen. McCain introduced his health plan, statements 
made
> by his campaign have implied that the new tax credits he is proposing to
> help Americans buy health insurance would be paid for with other tax
> increases.
> 
> But Douglas Holtz-Eakin, Sen. McCain's senior policy adviser, said Sunday
> that the campaign has always planned to fund the tax credits, in part, 
with
> savings from Medicare and Medicaid. Those government health-care programs
> serve seniors, poor families and the disabled. Medicare spending for the
> fiscal year ended Sept. 30 is estimated at $457.5 billion.
> 
> <snip>
> http://tinyurl.com/The-Wall-Street-Journal
> 
> 
> 
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