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.