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Valued Social Butterfly
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Re: GOP TO CUT 449 BILLION FROM MEDICARE

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Message 11 of 22

@mandm84 wrote:

.....
We must fight back!
Thank you,
Michael Phelan
Social Security Works


Just a fund raising letter from some far left wing kooks trying to scam money out of senior citizens. No one is "cutting" anything. The proposed House budget (most recent-April 2016) increases spending on Medicare by over 50%, by $380 billion.

2017budget.jpg

Someone in the comments or original letter mentioned a relationship to CBO. The projection by CBO for Medicare done around the same time was very similar year to year except for the point when Medicare premium support kicks in for people now under 55 (compare CBO numbers in red oval below to House budget; note that in some years the House numbers are actually higher than the CBO numbers).

cbonet.jpg

The difference is simply the savings to the Medicare Trust Funds expected by providing that more modern type of insurance for people who have been financing their insurance all their lives that way anyways. And the CBO also projects that -- assuming an average bid mechanism -- the beneficiaries now under 55 will also save money on average out of pocket vs. what they would have spent under Medicare "as we know it."

cbo.jpg

Everyone's a winner except the insurance companies that sell expensive private insuance (they can still sell it but many people now under 55 will realize what a rip off it is and just do things the way they always have).

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GOP TO CUT 449 BILLION FROM MEDICARE

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Message 12 of 22

We repeatedly reviewed the Obamacare $716 Billion Medicare SAVINGS (not cuts), but those who hate President Obama don't want to be confused with the facts.

 

"Those Medicare savings, achieved through reduced provider reimbursements and curbed waste, fraud and abuse, not benefit cuts, appeared in the House Republicans' FY 2013 budget, which Ryan authored."

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Re: GOP TO CUT 449 BILLION FROM MEDICARE

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Message 13 of 22

@myexper wrote:

@NOTHAPPENING wrote:

The left is now speculating if the Republicans will cut $449 billion from the Medicare budget.  Well here is a hard fact for the left to swallow: Obama already looted the Medicare fund by an amount almost 50% more than that - an astounding $716 Billion dollars!

 

Obama Loots $716 Billion from Medicare

 

And here we go again ...... the old contrived Republican FALSE accusation ......

 

Not true NotHappening ..... NO MONEY WAS EVER TAKEN FROM MEDICARE FUNDS TO FUND OBAMACARE!!!


 


Yes, here we go again with the radical left not even understanding what Obama did.  The $716 billion that Obama took was in fact money that was denied to service providers making getting service by Medicare even harder to come by and yes that was real dollars that Obama STOLE.  The left seems easily fooled.

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Re: GOP TO CUT 449 BILLION FROM MEDICARE

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Message 14 of 22

@MrPkg wrote:

Great Info.! And from the CBO!!


No .... conflating info as it attempts to (falsely) equate identified CBO payment reductions with an act of moving Medicare funds to Obamacare ..... and act which NEVER happened!

DUMP TRUMP AND MAKE AMERICA GREAT AGAIN!!!
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Re: GOP TO CUT 449 BILLION FROM MEDICARE

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Message 15 of 22

@NOTHAPPENING wrote:

The left is now speculating if the Republicans will cut $449 billion from the Medicare budget.  Well here is a hard fact for the left to swallow: Obama already looted the Medicare fund by an amount almost 50% more than that - an astounding $716 Billion dollars!

 

Obama Loots $716 Billion from Medicare

 

And here we go again ...... the old contrived Republican FALSE accusation ......

 

Not true NotHappening ..... NO MONEY WAS EVER TAKEN FROM MEDICARE FUNDS TO FUND OBAMACARE!!!


 

DUMP TRUMP AND MAKE AMERICA GREAT AGAIN!!!
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Re: GOP TO CUT 449 BILLION FROM MEDICARE

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Message 16 of 22

@NOTHAPPENING

 

So you see Medicare can be CUT without affecting benefits just as the ACA did.

It's just in the terminology where people get all out of whack -

Some may say we are creating savings within the Medicare program; others say we are cutting Medicare.

Tomato / Tomato. - guess it just depends where you are on the food chain.

 

 

 

 

* * * * * * It’s Always Something - Roseanne Rosannadanna
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Re: GOP TO CUT 449 BILLION FROM MEDICARE

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Message 17 of 22

Great Info.! And from the CBO!!

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Re: GOP TO CUT 449 BILLION FROM MEDICARE

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Message 18 of 22

The left is now speculating if the Republicans will cut $449 billion from the Medicare budget.  Well here is a hard fact for the left to swallow: Obama already looted the Medicare fund by an amount almost 50% more than that - an astounding $716 Billion dollars!

 

Obama Loots $716 Billion from Medicare

 

Senior Obama adviser David Axelrod attacked Romney and Ryan this week with the accusation that a repeal of Obamacare would bankrupt Medicare. David Axelrod however is misinformed, as the real threat to Medicare is President Obama, who has taken billions of dollars from Medicare to fund Obamacare.

 

 

Medicare cost saving measures could be beneficial, however such measures should be used to make the Medicare guarantee stronger for tomorrows' seniors while preserving contemporary enrollee's plans. Instead, President Obama took Medicare dollars from today's seniors to fund Obamacare.

A report issued by the Congressional Budget Office (CBO) finds that the amount of money President Obama has taken from Medicare to fund Obamacare totals $716 Billion:

Obama's Cuts to Medicare:Total Amount Cut by Service:
Hospital Services$260 Billion
Medicare Advantage (MA)$156 Billion
Home Health Services$66 Billion
Skilled Nursing Services$39 Billion
Hospice Services$17 Billion
Medicaid/CHIP$114 Billion
Other Services$33 Billion
DSH Payments$56 Billion



Read more: http://www.atr.org/obama-loots-billion-medicare-a7135#ixzz4X5xsCgd7
Follow us: @taxreformer on Twitter

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Re: GOP TO CUT 449 BILLION FROM MEDICARE

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Message 19 of 22
Tried to WARN people but this will go over their heads too I suspect. Trump had many grievious character flaws---some say he has signs of being unbalanced. The big problem is there is no democratic president to VETO any bills---and the republicans will have a great time fixing things to suit them. ....and then the Supreme Court will be conservative...so women will be in for it.......Happy New Year
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Re: GOP TO CUT 449 BILLION FROM MEDICARE

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Message 20 of 22

Can Someone Say, Fake News!!! That's what this is! Google it! You'll see ABC News investigated the story placed on Facebook by a liberal leaning website, New Century Times!! You should really fact check what you put out there. Fake News is rampant! Facebook is looking to see what can be done on their site to reduce it.

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