Video – Congressional Budget Office – Medicare Benefits Could Be Cut- UPDATED: 24 SEPT

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. Read More

 

UPDATED: 24 SEPT

The Senate Finance Committee on Wednesday defeated an amendment to health-care legislation that likely would have spared private Medicare Advantage plans from any subsidy cuts under the bill.

The amendment, offered by Sen. Orrin Hatch, R-Utah, would have required a certification that the bill’s section on privately run Medicare plans, which are known as Medicare Advantage plans, would not result in any benefit reductions from those who are enrolled in the private plans. If it was found that benefit reductions would occur, the bill’s language on Medicare Advantage would be eliminated.

Hatch’s amendment was defeated by a 14-9 vote, with all of the panel’s Democrats and Sen. Olympia Snowe, R-Maine, voting against it.

Seniors enrolled in Medicare Advantage plans may well lose some extra benefits they now receive, because a competitive bidding provision in the bill is expected to result in reductions in payments to private insurers that run the plans. Because of that, Hatch’s amendment likely would have kept Medicare Advantage plans untouched under the bill. Read More

 

There you go seniors…Obama has lied again and again to you!Young Americans is this what you want for your mother, father, and grandparents who brought you into this World and provided for you until old enough for you to take care of self.  Is this how we treat seniors?

LINKS:

(1)   Obama – Afganistan; He Just Can’t Deal with the Big Decisions; Instead, Forms Committee, will likely invite ACORN to help him decide

(2)   Obama Is Not Telling The Truth!!

(3)    Obama’s Promices cause massive loss of BLACK Supporters!

(4)   Expect Black Caucus to Disrupt 2010 Elections

(5)   Exposed: Laws Broken, White House Used NEA to Ramrod Obama’s Agenda, ACORN Offshoot “United We Serve” Org Involved, and More

(6)   The BIG Lie:Reconstruction of the Democractic Party

(7)    OBAMA AND HIS LIES…

(8)   The ‘Historic’ Mr. Obama

(9)   Senior Citizens Back Seeking Work to keep a roof over their heads and food on the table. (Obama ??)

(10) New World Order Push by Obama – Back door Health Care for Illegals!

(11) Colorado Cuts Benefits to Seniors and Mentally ill to Balance Budget (Obamacare Example)

(12) Obama Will Spend More on Welfare in the Next Year than Bush Spent on Entire Iraq War

(13) Finest Hour: Sen. McConnell Eloquently Champions Free Speech for ALL Americans, Including Those Who Speak Out Against ObamaCare (video)

(14) Is Health Care Reform Likely or A Blood Bath, Not Quick and Easy?

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6 comments on “Video – Congressional Budget Office – Medicare Benefits Could Be Cut- UPDATED: 24 SEPT

  1. GTP
    When are American’s going to realize that Obama speaks nothing BUT double talk???

    He did this ALL thru the election and nothing has changed since they elected him president. The man is a liar of the worst sort and cares about NOTHING but pushing his radical Marxist agenda onto America, thus destroying everything that our nation stands for.
    Great post!! Keep the faith and stand strong. United we can and will defeat them.

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