Articles

Topic A

December 11, 2009

The sketchy outline of Sen. Harry Reid's latest "deal" is progress all right, but only for those who want a single-payer system, full-speed ahead and damn the fiscal torpedoes.   Opening Medicare to everyone ages 55 to 64 is expanding government-run health care. Government sets the payment rates. This price-fixing means hospitals and doctors get paid much less than they would be paid by insurance companies. Government decides whether patient claims are allowed: Medicare's refusal rate is twice the average of insurance companies.   And does it really make sense to expand a Medicare program that's already going to be broke by 2017, when its revenue is projected to be less than its annual outlays?   The Reid bill does expand coverage by roughly 31 million people, but 15 million of them get coverage by being dropped into Medicaid, which is second-class health care and is already busting most state governments' budgets.   New numbers from the Joint Committee on Taxation show 11 percent of middle-class Americans will be better off through a combination of subsidies and tax changes, but 41 percent will be worse off, suffering premium and tax increases. No wonder public opinion continues swinging against proposals being shoved through Congress.

FULL ARTICLE: http://bit.ly/5IZuVc

Related Article

A19d43065bc26c839dd9c0d739f3cf83
April 24, 2025 |
Article
You’d think things couldn’t get any worse for Democrats after a March 11 NBC News survey found only 27% of Americans had a positive view of the party—its lowest rating ever in the poll.   ...
5764bc048ca78311e9d4185efc5c5ef0
April 17, 2025 |
Article
We aren’t 100 days into Donald Trump’s second term and many Americans are already exhausted. They’ve had way too much thrown at them.   ...
B24598d0f10a03fb109ae46ef5278a83
April 10, 2025 |
Article
Common sense prevailed Wednesday when President Trump announced he’d pause tariffs on most countries for 90 days.  ...
7bd49868130cc5ec2f577aa791c91bc5
April 03, 2025 |
Article
The GOP’s political dashboard is flashing a yellow caution light after Republicans faced their first electoral tests of President Donald Trump’s second-term Tuesday.  ...
Button karlsbooks
Button readinglist
Button nextapperance