Obama to cut Medicare

Obama to cut Medicare in exchange for tax increases on the fat cats

Cut Medicare?  The president, always eager to make peace with the nearest Republican, has decided that taking care of America’s seniors may not be all that important after all, unless, of course, he is just exercising some form of brilliant strategy that we just can’t see.

The fact is, the Republicans will never agree to raise taxes on their wealthy friends, and the president knows this, but at least he is making them an offer he knows they will refuse.  Here’s the story:

Medicare and Medicaid are on the table and President Obama has told Republican lawmakers he’s ready to start cutting tens of billions of dollars from the programs to reduce the federal deficit—as long as Republicans are prepared to accept tax raises in return. “We are very willing to entertain savings in Medicare,’ Sen. Chuck Schumer says. “Medicare gives very good health care very inefficiently.”

Administration officials have signaled that they are willing to accept cuts of up to $100 billion over the next decade, including cuts to payments to hospitals for uncollectable debt and doctor training. Health care industry lobbyists have launched an advertising blitz to prevent the cuts. “Congress smells blood,” the chief lobbyist for nonprofit nursing homes tells the New York Times.

What do you think?  Is the president determined to sleep with the Republicans at all costs?  Do you think Medicare should be cut?

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