Amidst all the hysteria and irresponsible demagoguery from the party of big Government (ahem, that would be the Democrats): the crisis facing Medicaire, by the numbers, and why Barack Obama and his abettors are distorting the truth and avoiding doing anything meaningful to solve the Medicaire problem; information below provided by the good folks over at Freedomsquad.org …
The Democrat mantra is that the Republicans will “Change Medicare as We Know It”. Well, let’s hope so!!
Medicare as we know it will go broke in the year 2024!
The Fiscal Year 2012 Social Security and Medicare Boards of Trustees report on Medicare and Social Security has these programs respectively going “belly up” in 2024 and 2033. That is unacceptable to me and should be to you.
Medicare as we know it is doomed to fail and collapse unless courageous men and women take action — doing nothing but complaining and demonizing is the folly of incompetents. Lying to the American people and our seniors is unacceptable.
Here is the truth. As per a report issued by the non-partisan Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) in July of this year, there is $716 billon of cuts to Medicare as part of the Patient Protection and Affordable Care Act (ObamaCare) in Fiscal Year 2013-2022.
These cuts to Medicare cannot be disputed and show that President Obama and the Democrats see Medicare as a “slush fund” to pay for their massive government expansion into the healthcare industry, creating 159 new government agencies and bureaucracies and further exacerbating the demise of this vital program.
These cuts include $517 billion to Part A (Medicare Hospital Insurance Trust Fund) and $247 billion to Part B (Supplemental Medicare Insurance Trust Fund) as follows:
– $294 billion payment cuts to hospitals
– $156 billion cuts to Medicare Advantage affecting 25% of seniors nationwide
– $39 billion cuts to skilled nursing
– $17 billion cuts to hospice care
– $66 billion cuts to home healthcare
– $33 billion cuts to other providers
– $11 billion cuts resulting from the
Independent Payment Advisory Board (IPAB, 15-member panel of unelected government bureaucrats making Medicare price control decisions).
Yes, the Republicans will change “Medicare as We Know It” and with your help they will not only change it, they will save it for all of our seniors 55 and older and make sure it is available for our grandchildren when they need it in the future.
The people who said ObamaCare will only cost the American taxpayer $940 billion, find out that it now costs closer to $1.7 TRILLION? The history of Government Programs tells us it will even cost more than that!
Medicare as We Know It has to change. ObamaCare will destroy and ruin the Nation!
Obama and the Liberal Senate Must Go!
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Image: President Lyndon B. Johnson signs Medicare Bill at the Harry S. Truman Library.