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Congress Ducks
WaPo ^ | Saturday, September 16, 2006; Page A20 | Unsigned

Posted on 09/16/2006 9:39:56 AM PDT by .cnI redruM

We know that you know that there is an entitlement problem. But the message hasn't reached Capitol Hill.

THERE'S NO great mystery about how to address Medicare's financial crisis. Either you contain the rate at which the program's costs rise, or you raise more money to pay for it. ....

The first announcement was that spending on doctors is rising more slowly than in the past. But the announcement assumed that Congress will follow through on its promise to cut Medicare payments to doctors by 5 percent next year. Congress made that promise after two consecutive years of failing to follow through on similar ones. Lawmakers show every sign of reneging again, and they may even award doctors an increase -- .....

The second announcement was that the richest 4 percent or so of retirees will face steep increases in Medicare premiums. Until now, all patients have paid a premium equal to 25 percent of the value of the benefits that the average retiree receives. In the future, the most affluent will pay more, though they will still be paying less in premiums than they take out in benefits. This modest reform, which won't affect the premiums 96 percent of retirees pay, is expected to raise an extra $20 billion for Medicare over the next decade. That's a fraction of the program's long-term funding shortfall, but it's still worth having.

That's not the way some Democrats see it, however. Rep. Nita M. Lowey (D-N.Y.) is pushing a bill that would repeal the higher premiums, arguing that rich retirees should not be hit with increases because they have already contributed generously to Medicare via higher taxes.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Editorial; Government; News/Current Events
KEYWORDS: entitlements; medipander
Hee-Hee-Hee. The Dems eat their own...
1 posted on 09/16/2006 9:39:56 AM PDT by .cnI redruM
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To: .cnI redruM

This is a bad headline, as it sounds like the article is about ducks.


2 posted on 09/16/2006 1:40:32 PM PDT by Clintonfatigued (illegal aliens commit crimes that Americans won't commit)
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