Deal or No Deal: Are Medicare and Medicaid Cuts Coming?
If the super committee fails to reach a deal, how badly do you think Medicare and Medicaid will be cut in 2013 and beyond?
The federal health programs, along with Social Security, are projected to grow from 10 to 15 percent of GDP in the next 25 years. Democrats are already looking at ways to hem that in - last week Democrats floated a super committee proposal to cut $400 billion from federal health programs, in part by asking Medicare beneficiaries to pay an extra $100 billion to cover the cost of their care.
Republicans have been pushing for more drastic, structural changes to Medicare, like transforming the entitlement program into a voucher system where seniors would get government subsidies for private insurance coverage. Short of that change, Republicans in the super committee have regularly pushed for significant entitlement spending cuts.
Are the federal health programs destined for the chopping block once the 2012 presidential election is over?

Leave a response