Originally Posted by buggyone

The Republicans want to break the Medicare covenant we’ve had in place since 1965.

The covenant is simple and fair. Americans work all their lives, pay their taxes, provide for their families, and then get to retire with dignity. Medicare provides us with medical care in our later years, after we’ve paid for it all our lives through taxes.

Now Republicans want to take away Medicare’s guarantee of care from anyone who turns 65 more than ten years from now. And they aren’t even doing it to pay down the deficit (it wouldn’t help much anyway). Because, according to the Congressional Budget Office, their big plan wouldn’t cut the deficit or debt over the next ten years.

No, they’re doing it to cut taxes dramatically for the richest Americans, which are already near historic lows. And they’re doing it by replacing Medicare’s guarantee of care with vouchers that will only guarantee big profits for their friends in Big Insurance. It’s both immoral and fiscally irresponsible.

There’s only one way to understand the Republicans’ budget plan—voted for by all but four House Republicans. It’s a naked, unapologetic attack on American working families for the sake of Big Insurance and the richest of the rich.

It abolishes Medicare’s guarantee of medical care for Americans over 65, throwing them at the feet of Big Insurance.
It uses that money to cut taxes for the wealthiest Americans below their already historic lows—down to 25%.
It leads to bigger debts and deficits over the next decade, according to the independent, nonpartisan Congressional Budget Office.

After we fought long and hard to get health insurance for millions more working Americans, Republicans want to take it away at the end of ou


This is all Democratic spin and unfortunately not factually based. Republicans want to address medicare resturctring for those below 55. Enough said

Obama claims he can get us out of this economic mess by taxing billionaires and millionaires. However he fails to acknowledge that he is after those making $250,000 and above in the beginning and also will have to continue downward; especially since fully 50% of taxpayers don't pay taxes. He is also proposing an additional VAT tax.

I have cut the stats, etc short because bottom line after all Obama's stimulus packages, etc the economy has not recovered and three years into his presidency growth is less than 1%. Reagan walked into a worse economic mess and three years after his tax cuts and business policies the economy was humming at 8% . Please please see Obama's failings policies for what they are. Obama is not and never has been capable to handling this office.