NUMBER 6 | October 31, 2012
Self-proclaimed “deficit hawks” want to cut Medicare benefits for the most vulnerable seniors (and tomorrow’s retirees). And many want to drastically change Medicare by giving seniors a fixed amount of money to buy insurance on the private market. Calling Medicare an out-of-control “entitlement” whose costs are rising dramatically and unsustainably, they claim we just can’t afford Medicare as we know it any more. They ignore the experience of history that demonstrates private insurance is more costly. They are really making the case for a giant step backward as a nation and as a civilized community. And it would avoid the real causes of our budget deficits.
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