In his weekly radio address, The President pointed out the good news we learned this week. Namely, that Medicare will be solvent for twelve more years (until 2029) due to the Democrat-Passed Health Care Reform.
Two Things:
Medicare’s solvency was extended mostly because health care reform chapped more than a half trillion dollars of Medicare over the next ten years. This is more than FIFTY billion annually – mostly on the backs of seniors, not on the backs of the well-paid union workers.
Secondly, if Medicare was due to be insolvent by 2017, in less than seven years, how and why exactly can Dems claim that this program – which seniors pay in all their work life, and still need to pay for care once retired – is a piece of “success”?
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