Forget giving away the store — Obama is handing the store to Republicans and inviting them to burn it down.Posted: July 5, 2011
Please read this shocking story at The New York Times — there’s no way for me to excerpt all the important parts.
Obama administration officials are offering to cut tens of billions of dollars from Medicare and Medicaid in negotiations to reduce the federal budget deficit, but the depth of the cuts depends on whether Republicans are willing to accept any increases in tax revenues.
Administration officials and Republican negotiators say the money can be taken from health care providers like hospitals and nursing homes without directly imposing new costs on needy beneficiaries or radically restructuring either program.
What this really means is that more doctors and hospitals will refuse to accept Medicare and Medicaid patients, and nursing homes will turn away frail elderly patients who can’t pay out of pocket–because Medicaid will no longer be able to assist those who are poor or have already spent their life savings on health care.
“Congress smells blood,” said William L. Minnix Jr., the chief lobbyist for nonprofit nursing homes.
Mr. Minnix, the president of a trade group known as LeadingAge, is urging nursing homes to “bombard your senators with the message that Medicaid cannot be cut by $100 billion” over 10 years, as President Obama and many Republican lawmakers have suggested.
A coalition of hospital lobbyists, worried about the direction of the budget talks, has begun a national advertising campaign to block further cuts in the two health care programs, which account for about 55 percent of hospital revenues. The hospitals have made a commitment to spend up to $1 million a week through August on television, print and online advertising.
Now check this out: Chuck Schumer, supposedly a Democrat, is quoted in the article as saying, “We are very willing to entertain savings in Medicare. Medicare gives very good health care very inefficiently.”
Really? Medicare has almost no overhead, and it pays way below the going rate for health care services. That’s why so few private doctors accept Medicare patients right now.
Now think about what Dakinikat has told us about the dangers of cutting federal spending and read this:
Medicare and Medicaid insure more than 100 million people, account for 23 percent of all federal spending and are likely to be an important part of any budget deal. Military spending, which accounts for about 20 percent of federal expenditures, is likely to be included as well.
President Obama and his Republican pals are on a mission to bring down the American economy and bring on a repeat of the Great Depression. Can anything or anyone stop them? We need riots in the streets, but can elderly people do it alone?