Quote:
Originally Posted by Guest
The House GOP budget completely changes Medicare to a voucher system. Eligible persons will no longer get a government run efficient and very popular insurance plan. Instead they will be given a credit which they can then use to attempt to buy coverage from a private insurance company. The GOP budget project this will save billions in the Federal budget (translation, the amount being sent to seniors is billions less than the amount being now spent on Medicare). So if the credit does not cover the insurance plan's bill, too bad for you. And of course we all know that a significant cut of your premium is spent on CEO, advertising, investor profit ... in the private market.
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No one will be making significant cuts until the next financial crises ( who knows when that occurs?) Then once we all see how broke we are there will finally be needed cuts. If we all simply took a 10% cut things would likely work out fine for all 😊