BUDGET CHIEF CONTRADICTS OBAMA ON MEDICARE COSTS

SEP 22, 2009 | ERICA WERNER

[Nodems2000]

Budget chief contradicts Obama on Medicare costs Sep 22 05:49 PM US/Eastern By ERICA WERNER Associated Press Writer Comments (1) Email to a friend Share on Facebook Tweet this Bookmark and Share WASHINGTON (AP) - Congress' chief budget officer is contradicting President Barack Obama's oft-stated claim that seniors wouldn't see their Medicare benefits cut under a health care overhaul.

The head of the nonpartisan Congressional Budget Office, Douglas Elmendorf, told senators Tuesday that seniors in Medicare's managed care plans would see reduced benefits under a bill in the Finance Committee.

The bill would cut payments to the Medicare Advantage plans by more than $100 billion over 10 years.

Elmendorf said the changes would reduce the extra benefits that would be made available to beneficiaries.

Critics say the plans are overpaid, while supporters say they work well.

Obama says cuts to Medicare providers won't reduce seniors' benefits.

[Nodems2000]

Do you feel like we have a president that knows what he is doing? Or is he just lying? This is scarey....we have a lot to lose with this freshman

[ElayneJ]

I’d love to hear him explain how he can cut Medicare funding and not cut benefits. How can anyone believe that?

[whitedog57]

Lying. He knows perfectly well what is going on.

This is Communism. No truth, just scare tactics and enemies as straw men.

[4Speed]

Humana Tells the TRUTH ?

White House LIES ?

This Adminstration is Mathematically challenged.

[combat_boots]

Uh.

Hope his resume’s current and comes with a bug out plan.

[mombonn]

What just aggravates me to no end is that I have paid taxes since 1965. Now that I'm on the verge of collecting, I'm about to be kicked to the curb as "unproductive".

I haven't used my health care insurance in many, many years (thankfully), am now paying out of pocket for coverage; but once I HAVE to enter Medicare, I may be told to just shut up and die.

Thank Jesus, I will have a home in heaven.

[himno hero]

I dont think so. Perhaps a combination of mathematically, truth and reality challenged. Morally challenged too. I know him to be a competent and capable liar. Also a truth shaper. We know he mistates and misspeaks any budgetary representation.

WOW!

Maybe he should be selling cars?

[Nachum]

The list, ping

link to yahoo article:

http://news.yahoo.com/s/ap/20090922/ap_on_go_co/us_health_care_seniors