Obama: Rob Medicare
Medicare is a self-funding health insurance program for the elderly. It has operated at a surplus over the years and has a trust fund worth in excess of $300 billion. ... Obama wants to take a huge hunk of that surplus in Medicare to offset some of his overspending — which will top $10 trillion if he gets a second term. This is a pretty stupid idea even for a Brainiac like him. From the Associated Press: “The president on Monday will announce a proposal that includes repeal of Bush-era tax cuts for the wealthiest taxpayers, nearly $250 billion in reductions in Medicare spending,
I do not have any confidence that the ball-less wonder, Boehner, will not fold up like an accordion. He probably pees in his pants when Obama asks him to play golf with him. We are going to get screwed with this 1.3 trillion jobs program. His plan to cut medicare under Obama care has already proven to be an outright lie in decreasing the budget. He double counts and transfers the cuts to Medicaid. Robbing medicare and increasing taxes will just be another stupid idea that the Repubs will fall for. God help us as we have dumb (Obama) and dumber (Boehner) as our leaders.