CBO Chief Admits Medicare Benefits will be Cut to pay for ObamaCare Print This Post Email This Post


In other news related to promises unfulfilled, the head of CBO said today that Medicare benefits would be cut under the Senate bill, as reported by the Associated Press:

Congress’ chief budget officer is contradicting President Barack Obama’s oft-stated claim that seniors wouldn’t see their Medicare benefits cut under a health care overhaul.

The head of the nonpartisan Congressional Budget Office, Douglas Elmendorf, told senators Tuesday that seniors in Medicare’s managed care plans would see reduced benefits under a bill in the Finance Committee.

The bill would cut payments to the Medicare Advantage plans by more than $100 billion over 10 years.