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#11
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Yes, they may remove that restriction in the future, if it is needed. They have to have the insurance exchanges up and running, first. Then they will revisit it if necessary. Quote:
Obama does deserve kudos because the adjustments to eliminating the duplicate waste made in Medicare ($500 billion over several years) in the Affordable Care Act does indeed stretch out Medicare solvency for another 10 years or so (it could be 7, could be 15, I admit I would have to look that up for absolute accuracy) The other good thing is that millions of older Americans have already benefited this year by noticeably decreased drug costs (thousands in a year) due to the donut hole elimination in the Affordable Care Act. It's hard to continue doing things at a "current level" (Medicare) when your income streams have dropped from the recession, but majorly dropped due to tax cuts over the past 10 years. Our income, as a country, is down by over 3 trillion in just 10 years just due to the Bush tax cuts (and yes, Obama was wrong to extend them) The government, if allowed to bargain for drug costs like the private section, could save literally billions a year for Medicare/Medicaid programs.
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