House GOP budget retains Democratic Medicare cuts

Apr 13, 2011 Full story: KansasCity.com 95

In a postelection reversal, House Republicans are supporting nearly $450 billion in Medicare cuts that they criticized vigorously last fall when Democrats and President Barack Obama passed them as part of their controversial health care law.The cuts are included in the 2012 budget that Rep.

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liz

King George, VA

#25 Apr 13, 2011
I'll admit I sent a lengthy post as to the reason
why medicate and medicade is broke and who is to
blame and it was too honest for it to go thru.
Sorry you aren't able to read it, most can't
handle the truth. It was true experience as to the
cheating and robbery of these programs. Its not
the old folks, so you can stop that, it the lack of
the gov. being too lazy to search and find the adbuse. Will this make it thru?? Laugh

This is just like the tv news and papers, they only allow what "THEY" want you to know which is
mostly garbage. Even the can not handle the truth,
Print this

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#26 Apr 13, 2011
His Medicare proposal repeals the $500 billion of cuts in healthcare to the elderly over the next 10 years that financed ObamaCare and implements vast savings in the program a decade hence.

http://thehill.com/opinion/columnists/dick-mo...
Knox

United States

#27 Apr 13, 2011
Those same old faces in the Republican party (Boehner, McCain, McConnell, Graham) keep screwing things up. This time it's Lindsey Graham of South Carolina who is POUTING that a PET PROJECT for his state did not get funded. Graham can fund this project out of his OWN pocket.

http://thehill.com/homenews/senate/155781-gra...

Sick of these republicans who want that pork. What's up with SC voters or for that matter, AZ voters?

Nothing has changed it's the same old group, protecting their turf with no room for the new cowboys.

No trust in the old guard of the republican party. They' re going to split votes in 2012.
Tony

Tampa, FL

#28 Apr 13, 2011
And you people somehow still think that one party or the other is on your side....

The budget battle has absolutely nothing to do with americans.....

it is purely politics.......either dems or repubs....no different.....

Until all funding for (150) foreign countries and 3 wars are stopped....

neither the repubs, dems or o-bribe-a is serious about cutting spending or reducing the deficit.
Tony

Tampa, FL

#29 Apr 13, 2011
BTW.....boehner, cantor, ryan and mcconnell will ensure that o-bribe-a is re-elected.
Pamela

Citrus Heights, CA

#30 Apr 13, 2011
Medicare has about 75 TRILLION dollars in unfunded liabilites. It is welfare after people have been on it for six months and it is welfare from day one for women who did not work and who are on Medicare. It pays people thousands of times more money in health care than the one-percent they paid into the program while they were working.
YouHelpFixIt

Scottsdale, AZ

#31 Apr 13, 2011
MidAtlantic wrote:
<quoted text>
Actually SS is solvent till at least 2030.
Medicare there is a lot of fraud by hospitals doctors and recipients.
Government gets involved things get misused as they did with SS using the private interest barring account for wars.
Turning it to a personal account may help. Who will monitor that account. You can't trust insurance companies.
My view is that the government stold fron these accounts and they need to replace the money, If it take a pay cut for them so be it
The social security trust fund only contains US Treasury Securities. Whenever they run a deficit (and they have run a monthly deficit several times in the past and are projected to do so more and more frequently) they must use thier US Treasury Securities to make up the difference. To pay out these US Tresury Securities the US must either generate more revenue (higher taxes) or borrowing more.

http://www.ssa.gov/oact/progdata/assets.html

http://www.ssa.gov/cgi-bin/ops_series.cgi

There was never a private account, It was and still is a government account with only treasury bonds as assets. In other words just an accounting trick.

If you think I am wrong please tell me what non-government assets (gold, real estate, stock, corporate bonds, foriegn curency...) you think they held at one point.

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#32 Apr 13, 2011
Pamela wrote:
Medicare has about 75 TRILLION dollars in unfunded liabilites. It is welfare after people have been on it for six months and it is welfare from day one for women who did not work and who are on Medicare. It pays people thousands of times more money in health care than the one-percent they paid into the program while they were working.



Agree 100%. It's a Disaster.

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#33 Apr 13, 2011
Tony wrote:
And you people somehow still think that one party or the other is on your side....
The budget battle has absolutely nothing to do with americans.....
it is purely politics.......either dems or repubs....no different.....
Until all funding for (150) foreign countries and 3 wars are stopped....
neither the repubs, dems or o-bribe-a is serious about cutting spending or reducing the deficit.



We are stuck with a 2 party system at this point and it's exactly why people like you & I are pushing the Tea Party people to work within the existing system to make the Fiscal Policies sane.
Don Joe

Minneapolis, MN

#34 Apr 13, 2011
YouHelpFixIt wrote:
<quoted text>
The social security trust fund only contains US Treasury Securities. Whenever they run a deficit (and they have run a monthly deficit several times in the past and are projected to do so more and more frequently) they must use thier US Treasury Securities to make up the difference. To pay out these US Tresury Securities the US must either generate more revenue (higher taxes) or borrowing more.
http://www.ssa.gov/oact/progdata/assets.html
http://www.ssa.gov/cgi-bin/ops_series.cgi
There was never a private account, It was and still is a government account with only treasury bonds as assets. In other words just an accounting trick.
If you think I am wrong please tell me what non-government assets (gold, real estate, stock, corporate bonds, foriegn curency...) you think they held at one point.
I think you are wrong. Just as a bank doesn't place your savings in a vault. They take your money, and loan it out to someone else. They charge that person interest of which they give you some. SS is the same way, They don't want to have trillions of dollars just sitting around. They loaned it out so it can earn interest. Some of the money was loaned to the US government, relieving them of the burden of having to borrow from the Chinese. The US government agreed to pay interest on that money. SS still has those loans outstanding and expects to get paid.

The money was paid into that account, by our taxes, and by me specifically. Congress decided to borrow that money at a good rate for the federal government, not particularly good for the SS account. SS can call in that loan at any time, and the government has to pay it back, the same way you would have to pay on your loans under the same conditions. If SS simply upped the interest rate to the same rate that most credit card companies charge, SS would be financially sound as long as the federal government existed. If they ceased to exist, SS would have claim on the assets.

Therefore, in order to improve our economy, reduce unemployment, increase consumer spending, increase federal revenue, I suggest the retirement age be lowered to 60 and the retirement benefits be doubled. It is more than affordable. It provides people with access to the money they paid in.
Don Joe

Minneapolis, MN

#35 Apr 13, 2011
The laughing liberal wrote:
<quoted text>
We are stuck with a 2 party system at this point and it's exactly why people like you & I are pushing the Tea Party people to work within the existing system to make the Fiscal Policies sane.
LOL, tea party?? fiscally sane???? I bet it was hard to write that with a straight face.
Knox

United States

#36 Apr 13, 2011
1. Why is Social SECURITY in trouble? could it be that politicians RAIDED the extra money leftover from contributions and SPENT it on other programs?

Could it be that politicians TAXES Social Security to get more revenue from their UNending government programs?

2. Bet the politicians have the BEST healthcare and WE, the people, pay for it! WE WANT THE SAME HEALTHCARE AS POLITICIANS

3. Now, BOTH parties want to take away Medicare, Medicaid and Social Security. Babyboomers...that's just 30 more yrs of them and then.... THEY ARE GONE! They'll be dying off and the strain of their care won't be present.

4. Beware YOUTH of Tomorrow, just look what the politicans are doing to Babyboomers (who CONTRIBUTED beaucoup bucks to the government during their lifespan)

5. Politicians of both parties are evil. They make sure they have what they want, but cut others' programs.

6. We're stuck as a nation. Maybe sitting out the vote in 2012, cause there are no good candidates anywhere.
YouHelpFixIt

Scottsdale, AZ

#37 Apr 13, 2011
Don Joe wrote:
<quoted text>
I think you are wrong. Just as a bank doesn't place your savings in a vault. They take your money, and loan it out to someone else. They charge that person interest of which they give you some. SS is the same way, They don't want to have trillions of dollars just sitting around. They loaned it out so it can earn interest. Some of the money was loaned to the US government, relieving them of the burden of having to borrow from the Chinese. The US government agreed to pay interest on that money. SS still has those loans outstanding and expects to get paid.
The money was paid into that account, by our taxes, and by me specifically. Congress decided to borrow that money at a good rate for the federal government, not particularly good for the SS account. SS can call in that loan at any time, and the government has to pay it back, the same way you would have to pay on your loans under the same conditions. If SS simply upped the interest rate to the same rate that most credit card companies charge, SS would be financially sound as long as the federal government existed. If they ceased to exist, SS would have claim on the assets.
Therefore, in order to improve our economy, reduce unemployment, increase consumer spending, increase federal revenue, I suggest the retirement age be lowered to 60 and the retirement benefits be doubled. It is more than affordable. It provides people with access to the money they paid in.
So who did the SS admin loan it to? Answer - the US Treasury. In return they got lots of pretty sheets of paper that said with nice wording about the "full faith and trust of the US government". That where all of the money went, not some, ALL. Every time they cash in one of those nice papers the US Treasury needs to either borrow or tax more to pay for it. They are doing it more and more often.

So in your strange deluded world having higher taxes and more borrowing by the federal government strengthens our economy and creats jobs. Wow you are realy messed up.

P.S. If you would still like to tell me what non-government assets (gold, real estate, stock, corporate bonds, foriegn curency...) you think they held at one point pease go ahead. I am still waiting.

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#38 Apr 13, 2011
Don Joe wrote:
<quoted text>
LOL, tea party?? fiscally sane???? I bet it was hard to write that with a straight face.


Tea party = Demands Balanced Budgets

Scumbag-0-crats = Demands the Debt Ceiling be Raised to $16 TRILLION!





- OUCH!-



Must suck being you.

“"I'm A Great American!"”

Since: Sep 08

Obama Nation! USA! USA!

#40 Apr 13, 2011
The laughing lobotomy wrote:
<quoted text>
We are stuck with a 2 party system at this point and it's exactly why people like you & I are pushing the Tea Party people to work within the existing system to make the Fiscal Policies sane.
Don Joe wrote:
<quoted text>
LOL, tea party?? fiscally sane???? I bet it was hard to write that with a straight face.
LOL!!!

The Laughing Lobotomy is two faced; that improves the odds of keeping one straight!

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#41 Apr 13, 2011
Don Joe wrote:
<quoted text>
I think

Please Stop! You're making me laugh too much!



SS has to BORROW MONEY just TO PAY IT"S OBLIGATIONS you idiot! That means not only is that original money GONE but now there is more Cost Incurred and ADDED to the drain on the system.

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#42 Apr 13, 2011
YouHelpFixIt wrote:
<quoted text>
So who did the SS admin loan it to? Answer - the US Treasury. In return they got lots of pretty sheets of paper that said with nice wording about the "full faith and trust of the US government". That where all of the money went, not some, ALL. Every time they cash in one of those nice papers the US Treasury needs to either borrow or tax more to pay for it. They are doing it more and more often.
So in your strange deluded world having higher taxes and more borrowing by the federal government strengthens our economy and creats jobs. Wow you are realy messed up.
P.S. If you would still like to tell me what non-government assets (gold, real estate, stock, corporate bonds, foriegn curency...) you think they held at one point please go ahead. I am still waiting.



We've told this FACT to idiot don and his demoloons for years and they STILL lack the IQ or common sense to comprehend it.


We can't fix Stupid.

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#43 Apr 13, 2011
Knox wrote:
1. Why is Social SECURITY in trouble? could it be that politicians RAIDED the extra money leftover from contributions and SPENT it on other programs?
Could it be that politicians TAXES Social Security to get more revenue from their UNending government programs?
2. Bet the politicians have the BEST healthcare and WE, the people, pay for it! WE WANT THE SAME HEALTHCARE AS POLITICIANS
3. Now, BOTH parties want to take away Medicare, Medicaid and Social Security. Babyboomers...that's just 30 more yrs of them and then.... THEY ARE GONE! They'll be dying off and the strain of their care won't be present.
4. Beware YOUTH of Tomorrow, just look what the politicans are doing to Babyboomers (who CONTRIBUTED beaucoup bucks to the government during their lifespan)
5. Politicians of both parties are evil. They make sure they have what they want, but cut others' programs.
6. We're stuck as a nation. Maybe sitting out the vote in 2012, cause there are no good candidates anywhere.

All good points but SS is in permanent trouble because IT IS A PONZI SCHEME.



When the demographics reverses, which it just did, the party is over. It goes into deficit. If this was something other than the gov that can print money out of thin air or borrow from China, they would be hauled away in handcuffs & leg irons.

“Truth to Power!”

Since: Apr 07

Wake Forest, NC

#44 Apr 13, 2011
PooPoo Platter wrote:
<quoted text>
<quoted text>
LOL!!!
The Laughing Lobotomy is two faced; that improves the odds of keeping one straight!


The TEA PARTY took you to the Wood Shed already and it's still burning your hide now! Bwahahahaha!



Your scumbag-0-crat party is Imploding under the weight and Stench of so many Lies and it's huge Debt. It's FUN to watch the Democrat Party die a nice slow death while the Tea party rises!

Yeeee-Haaaaaaw!

Since: Dec 07

Spring, TX

#45 Apr 13, 2011
Marine Corp Pat wrote:
LOL, so after all the hell the GOP raised during the Health Care debate getting their ignorant base all worked up into frenzy… they now support President Obama’s signature piece of legislation: the Health Care Reform Law?
The tea-baggers might not be sophisticated enough to even realize what just happened. But if they do catch on, these unstable right-wing bigots are going to lose it completely and get even more batshit-crazy than usual… LOL; I got my front row seat and popcorn in hand to enjoy the pure entertainment of this show, LOL.
Wear your bib, clown. Your going to spill it very soon.

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