Think ObamaCare for a few moments: In order to get the cost factor under $1 trillion dollars over the course of the first 10 year period, Congress factored in a $500, 000 cut to Medicare. Remember ? If you have forgotten as have some of the writers at the Washington Post, you can find one report of these cuts here. In fact, we were told over and over again of the necessity of this half trillion dollar cut to Medicare.
Well, according to Richard Foster, that ain't going to happen. In a recent report, we have been told, "In his alternative scenario Foster demolishes the notion that there are any real Medicare cuts in ObamaCare (aside from those in Medicare Advantage, hated by Democrats because it involves the private sector). The alleged cuts, writes the Journal, “exist only on paper and were written so they could pretend to reduce the deficit and perform the miracles the trustees dutifully outlined.”
What does this mean? Simple. We have been had. There will be no cuts to Medicare. Add half a trillion to the cost of ObamaCare. And who is Richard Foster? Medicare's chief actuary. We have just received word from high. Foster is one of the top dogs in all this.
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