Categories: In The News

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.

Rich Mitchell

Rich Mitchell is the editor-in-chief of Conservative Daily News and the president of Bald Eagle Media, LLC. His posts may contain opinions that are his own and are not necessarily shared by Bald Eagle Media, CDN, staff or .. much of anyone else. Find him on twitter, facebook and GETTR

Share
Published by
Rich Mitchell

Recent Posts

Cost Of Regulatory Burdens Reached Staggering Levels In 2024, Report Says

Federal regulations added an estimated total cost of a whopping $2.155 trillion for Americans in…

2 hours ago

Business Owners Prefer A GED To A Woke Harvard Degree

Harvard once stood as the pinnacle of American academia, a revered institution that shaped presidents,…

2 hours ago

Most Dem-Voting Federal Bureaucrats Say They Would Disobey ‘Legal’ Orders From Trump, Poll Shows

A new poll found that a majority of federal employees who previously voted Democrat are…

2 hours ago

Obama-Appointed Judge Blocks Trump From Denying Funds To Sanctuary Cities

An Obama-appointed judge blocked the Trump administration from denying federal funds to jurisdictions that refuse…

2 hours ago

Rep. Green Asks Trump DOJ To Review Firearm Licenses ‘Unjustly’ Revoked Under Biden

Republican Tennessee Rep. Mark Green urged Trump’s Department of Justice (DOJ) on Wednesday to review…

2 hours ago

If Not Racism or Ideaology, What Will Keep Us Apart?

I watched an HBO/MAX documentary on the Boston Celtics, and an entire episode centered on…

2 hours ago