Free Markets, Free People
CBO Fact Checks Obama – Again
Yes those party poopers at the Congressional Budget Office are at it again. This time they’ve found the Obama claim that “seniors won’t see any of their Medicare benefits cut under the planned health care reforms” to be, well, not true.
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.
My guess is Doug Elmendorf will probably not make the White House Christmas list this year.