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View Diary: White House: No Medicare age increase, cut Social Security instead (360 comments)

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  •  If this happens then you'll be correct. So far, (0+ / 0-)

    though, we don't really know what's going to happen.

    Have you seen something I've missed about taxes being raised, or cutting Medicare?  

    Did any of us foresee the resolution to the debt limit "crisis"?  All I remember was a lot of talk about trillion-dollar coins and constitutional challenges as being the last resorts.

    Otoh, we're going to get some real austerity when the climate change gets rolling and we realize we can't just consume more green products to deal with it.  

    •  hooper, you might want to read the President's (0+ / 0-)

      own Fiscal Commission's proposal The Moment Of Truth.  Here's the link.

      The Fiscal Commission recommend that the revenue be raised by "broadening the base and lowering the (marginal) tax rates."

      Translation:  Tax the poor and middle class, so that the marginal tax rates on the wealthy and corporations can be lowered "for competitiveness."
      There is an entire section on this in the Chairman's Mark proposal that I linked to above.  It's called "Tax Reform."

      Here the Table of Contents from the proposal:

      Table of Contents

      Preamble ..................Page 6                              
      The Mission..............................Page 8
      The Looming Fiscal Crisis........Page 10
      Our Guiding Principles and Values...Page 12
      Overview.................................Page 14
      The Plan..................................Page 18
      I. Discretionary Spending Cuts .......Page 20
      II. Tax Reform ...........................Page 28
      III. Health Policies ....................Page 36
      IV. Other Mandatory Policies......Page 44
      V. Social Security........................Page 48
      VI. Process Reform ...................Page 56
      Appendix

      Apologize that this does not "copy and paste" in a decent format.  But the information is there.  Please take time to read this.  These recommendations have been, and will continue to be passed and implemented piecemeal over the next years of this Administration.

      There are MANY CUTS to Medicare that the President has proposed.  I will link to his written proposal, which is in PDF Form, and again, like the Table above, does not easily copy and paste.

      Here's the President's proposal entitled "Living Within Our Means and Investing in the Future."  He details many cuts to our Social Insurance Programs, especially to Medicare.

      Here's the link.

      This is not a "conspiracy theory," unless you consider the President's own proposals from the White House website, to be in that category.

      Here's a brief excerpt from a Kaiser Health News article about the President's proposal to raise the Medicare premiums for the top 25% earners, which on today's dollars, means folks making as little as $40,000 annual income.

      Apparently, "rich" has been defined down, when it comes to taking away our social insurance benefits.  We need to let our voices be heard, that this is unacceptable.

      Here's the excerpt from Kaiser:

      Affluent Seniors Could Take A Hit On Medicare

      By Mary Agnes Carey and Marilyn Werber Serafini

      KHN Staff Writers

      Nov 13, 2011

      In the scramble to come up with a deficit-reduction deal by Thanksgiving, members of Capitol Hill's super committee (as recommended by the President) appear to have one group squarely in their cross hairs: high-income Medicare beneficiaries. . . .

      House Minority Leader Nancy Pelosi, D-Calif., has left the door open to asking wealthy seniors to pay more, and public opinion polls show support for the idea.

      Current law already requires seniors with annual incomes of $85,000 and above ($170,000 for couples) to pay more than others for Medicare Part B, which covers doctor bills and other outpatient costs.  In 2012, the standard premium will be $99.90 per month.  Premiums for wealthier seniors will range from $139.90 to $319.70 per month.  

      About 5 percent of seniors fall into the higher-premium group now. President Barack Obama wants the share of beneficiaries paying more for their coverage to grow over time to one quarter of all beneficiaries. If that were the case today, people with incomes as low as $40,000 a year would be paying higher Medicare premiums,

      And the pages that you need to read in the President's proposal that pertain to many cuts to Health Care are Pages 35-43.
      Current law already requires seniors with annual incomes of $85,000 and above ($170,000 for couples) to pay more than others for Medicare Part B, which covers doctor bills and other outpatient costs.  In 2012, the standard premium will be $99.90 per month.  Premiums for wealthier seniors will range from $139.90 to $319.70 per month.  

      About 5 percent of seniors fall into the higher-premium group now.  President Barack Obama wants the share of beneficiaries paying more for their coverage to grow over time to one quarter of all beneficiaries.

      If that were the case today, people with incomes as low as $40,000 a year would be paying higher Medicare premiums, higher levels of income�  

      Beginning in 2017, the Administration proposes to increase income-related premiums under Medicare Parts B and D by 15 percent and maintain the income thresholds associated with income-related premiums until 25 percent of beneficiaries under Parts B and D are subject to these premiums�

      This will help improve the financial stability of the Medicare program by reducing the Federal subsidy of Medicare costs for those beneficiaries who can most afford them�

      This proposal will save approximately $20 billion over 10 years�

      Other topics for savings to Medicare are:

      (1)  Modify (Raise) Part B deductible for new
      beneficiaries.

      (2)  Introduce home health co-payments for
      new beneficiaries.

      Medicare beneficiaries currently do not make co-payments for Medicare home health services� This proposal would create a home health copayment of
      $100 per home health episode, applicable
      for episodes with five or more visits not preceded by a hospital or other inpatient post-acute care stay�

      (3)  Introduce a Part B premium surcharge
      for new beneficiaries that purchase near first-dollar Medigap coverage.

      Again, see Pages 34-43 in the President's recommendations to the Supercommittee for all of the cuts.

      Hope this is helpful.  The information is "hidden in plain sight," LOL!  It's just a matter of knowing where to go to find it, I suppose.

      [This is a mess, sorry.  Pushed for time.]

      Mollie

      "Only he who can see the invisible, can do the impossible." --Frank L. Gaines

      "If a dog won’t come to you after having looked you in the face, you should go home and examine your conscience.” -- Woodrow Wilson

      by musiccitymollie on Tue Feb 12, 2013 at 08:41:33 AM PST

      [ Parent ]

      •  Thanks Mollie! That took some work. (1+ / 0-)
        Recommended by:
        musiccitymollie

        I read the stuff...what a hodgepodge of proposals!  Quite a few good ones, and quite a few bad ones, as you point out.

        Remembering back to the summer of 2011 I can only hope that much of this proposal was never supposed to become law, but rather was the initial push to show the public how reasonable and solution-seeking Obama was in the runup to the election.   There was no way the Repubs would go for this plan, so proposing it forced the Republicans to go on record obstructing plans that Americans liked.  I recall he even padded his proposals with Republican-initiated ideas, so he could say they wouldn't even vote for their own plans.

        I suspect the situation is more fluid than we are aware...a lot of ideas floating around, some real, many planned for political effect, some included to avoid provoking opposition at particular times.

        All we can do is learn & push.  Thanks for helping me learn.  Now we've got to find better ways to push.

        •  You're welcome, hooper. The truth is that I'm an (1+ / 0-)
          Recommended by:
          hooper

          "oddball," who actually likes reading briefs and regulations.

          Guess it's a holdover from my twenty plus years with DOD, in federal civilian service, LOL!

          Mollie

          "Only he who can see the invisible, can do the impossible." --Frank L. Gaines

          "If a dog won’t come to you after having looked you in the face, you should go home and examine your conscience.” -- Woodrow Wilson

          by musiccitymollie on Tue Feb 12, 2013 at 10:36:55 AM PST

          [ Parent ]

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