Articles

Topic A

December 11, 2009

The sketchy outline of Sen. Harry Reid's latest "deal" is progress all right, but only for those who want a single-payer system, full-speed ahead and damn the fiscal torpedoes.   Opening Medicare to everyone ages 55 to 64 is expanding government-run health care. Government sets the payment rates. This price-fixing means hospitals and doctors get paid much less than they would be paid by insurance companies. Government decides whether patient claims are allowed: Medicare's refusal rate is twice the average of insurance companies.   And does it really make sense to expand a Medicare program that's already going to be broke by 2017, when its revenue is projected to be less than its annual outlays?   The Reid bill does expand coverage by roughly 31 million people, but 15 million of them get coverage by being dropped into Medicaid, which is second-class health care and is already busting most state governments' budgets.   New numbers from the Joint Committee on Taxation show 11 percent of middle-class Americans will be better off through a combination of subsidies and tax changes, but 41 percent will be worse off, suffering premium and tax increases. No wonder public opinion continues swinging against proposals being shoved through Congress.

FULL ARTICLE: http://bit.ly/5IZuVc

Related Article

142986c096c27b244116bf0520853984
October 29, 2026 |
Article
What to watch for, hour by hour, to see if my predictions turn out to be accurate. ...
5e766c40c64a4b03c48b7a34ce98cf42
October 22, 2026 |
Article
MAGA voters love his rallies, but political theater may not be enough this year. ...
Dddbb32d6b671439387c1b90b7f14475
October 15, 2026 |
Article
Trump delivers the Republican message for midterm voters. ItĀ could be better. ...
C1322cbabd9ec20700e0fa0b02bdc43b
October 08, 2026 |
Article
The midterm election is almost here, with campaigns nearing the lock-in point. ...
Button karlsbooks
Button readinglist
Button nextapperance