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RenegadeCJ wrote: The democrats won't even address the eventual collapse of all the programs and their massive unfunded liability. You may not care about the next generation, but I do..
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FredHayek wrote: Trickle down doesn't work? Still undetermined, .
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More than that - their coverage is identical under the Obama and Ryan plans because MediCare wouldn't change under the Ryan plan for those over the age of 55.FredHayek wrote: Irony? The old nearly retired people like VL & LJ are covered under both Obama's and Ryan's plan.
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archer wrote: Its precisely because we care about the next generation that we oppose Ryan's plan. We are not of the opinion that as long as we have ours we don't care if anyone else gets theirs...that is right wing thinking and I reject that kind of thinking.
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Perhaps you should have that discussion with your presumptive nominee. Romney claims that President Obama will slash billions of dollars from Medicare while Ryan's plan will not. Good to know that your recognize Romney as a liar.PrintSmith wrote:
More than that - their coverage is identical under the Obama and Ryan plans because MediCare wouldn't change under the Ryan plan for those over the age of 55.FredHayek wrote: Irony? The old nearly retired people like VL & LJ are covered under both Obama's and Ryan's plan.
For those under that age, like myself, the plan calls for premium assistance, guaranteed acceptance and community rating for all seniors of the same age. Almost sounds like the ACA for seniors when you get right down to it. How ironic is that? We've got both parties saying that the principles enshrouded in the ACA are both good and bad depending upon the group of people being talked about.
Anyone want to have an intelligent discussion instead of one fueled by demagoguery?
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PrintSmith wrote:
More than that - their coverage is identical under the Obama and Ryan plans because MediCare wouldn't change under the Ryan plan for those over the age of 55.FredHayek wrote: Irony? The old nearly retired people like VL & LJ are covered under both Obama's and Ryan's plan.
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The ACA slashes $500 Billion from MediCare over the next decade Dog. The unfunded liability of Medicare is currently north of $83 Trillion dollars and rising. The 2012 Annual Report of the Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds had this to say:Something the Dog Said wrote:
Perhaps you should have that discussion with your presumptive nominee. Romney claims that President Obama will slash billions of dollars from Medicare while Ryan's plan will not. Good to know that your recognize Romney as a liar.PrintSmith wrote:
More than that - their coverage is identical under the Obama and Ryan plans because MediCare wouldn't change under the Ryan plan for those over the age of 55.FredHayek wrote: Irony? The old nearly retired people like VL & LJ are covered under both Obama's and Ryan's plan.
For those under that age, like myself, the plan calls for premium assistance, guaranteed acceptance and community rating for all seniors of the same age. Almost sounds like the ACA for seniors when you get right down to it. How ironic is that? We've got both parties saying that the principles enshrouded in the ACA are both good and bad depending upon the group of people being talked about.
Anyone want to have an intelligent discussion instead of one fueled by demagoguery?
MediCare as we have known it changing is a foregone conclusion - it is going to have to happen simply because the program as it exists can't be paid for. With Congress continuing to pass "Doc fixes" to prevent doctors from refusing new patients due to reductions in compensation that would occur without those fixes, the depletion of the "Trust Fund" occurs much sooner than 2024 - about 8 years earlier. Given that the "Trust Fund" for HI consists entirely of federal debt instruments, redeeming those "assets" adds to the federal deficit. The interest paid on those federal debt instruments adds to the federal deficit because the entity paying that interest on the money it has borrowed is the federal government - which is at present borrowing roughly $0.40 of every dollar it is spending.[Medicare Hospital Insurance Trust Fund] expenditures have exceeded income annually since 2008 and are projected to continue doing so under current law in all future years. Trust Fund interest earnings and asset redemptions are required to cover the difference. HI assets are projected to cover annual deficits through 2023, with asset depletion in 2024. After asset depletion, if Congress were to take no further action, projected HI Trust Fund revenue would be adequate to cover 87 percent of estimated expenditures in 2024 and 67 percent of projected costs in 2050.
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