molson_golden2002 Posted October 6, 2008 Share Posted October 6, 2008 http://online.wsj.com/article/SB1223155058...=googlenews_wsj The Republican presidential nominee has said little about the proposed cuts, but they are needed to keep his health-care plan "budget neutral," as he has promised. The McCain campaign hasn't given a specific figure for the cuts, but didn't dispute the analysts' estimate. In the months since Sen. McCain introduced his health plan, statements made by his campaign have implied that the new tax credits he is proposing to help Americans buy health insurance would be paid for with other tax increases. But Douglas Holtz-Eakin, Sen. McCain's senior policy adviser, said Sunday that the campaign has always planned to fund the tax credits, in part, with savings from Medicare and Medicaid. Those government health-care programs serve seniors, poor families and the disabled. Medicare spending for the fiscal year ended Sept. 30 is estimated at $457.5 billion. Mr. Holtz-Eakin said the Medicare and Medicaid changes would improve the programs and eliminate fraud, but he didn't detail where the cuts would come from. "It's about giving them the benefit package that has been promised to them by law at lower cost," he said. Link to comment Share on other sites More sharing options...
StupidNation Posted October 6, 2008 Share Posted October 6, 2008 Political suicide vs national suicide is the question. Libs want national suicide and win elections. I consider both major parties liberal with spending and both rushing to suicide. One party wants to do faster than the other, but I'm not so sure after Bush. Link to comment Share on other sites More sharing options...
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