CBO Says Dems Misrepresenting Future Medicare Deficits

The Democrats are playing hide the bean with future Medicare financing. Not only will the bill that passed the Senate today not increase the longevity of Medicare, it won’t come close to saving the money or benefits that Liberals have been touting.

Bloomberg.com posted an article that shines light on a letter from the CBO that is intended to correct the mistruths being spouted from the Congressional leadership.

What we’ve seen is a colossal manipulation” by Democrats “of the accounting scores of CBO” and the independent actuary of the Centers for Medicare and Medicaid .. Nor could those savings be used to extend the solvency of Medicare, set to run out of money in 2017, the budget office said in a letter to Senate Republicans.

Related posts:

1. The Super Committee Fails – Medicare and Defense to Suffer Heartache and disappointment were thick throughout twitter, facebook and the comments on articles across the...
2. Study: PPACA Changes to Medicare Equal Less Benefits, Fewer Choices & Decreased Enrollment WASHINGTON, Oct. 13, 2011 /PRNewswire-USNewswire/ — The Patient Protection and Affordable Care Act (PPACA) will dramatically reduce...
3. Medicare Open Enrollment: Earlier and Longer This Year Medicare open enrollment is the period during which enrollees  can choose to change their Medicare plans. This...
4. Actuaries Urge “Super Committee” to Put Medicare on the Table WASHINGTON, Sept. 12, 2011 /PRNewswire-USNewswire/ — The American Academy of Actuaries Medicare Steering Committee is urging the Joint Select...
5. Medicare Premium Increase Means Trouble for Seniors, States and Workers A large portion of Medicare recipients and individual States should ready themselves for what should...

Governor Rick Perry Says Obama Taking U.S. To Socialism

Democrats Continue the Spend-Fest: $1.9 Trillion Addition to Debt