Thursday, October 08, 2009

Horns of a Dilemma

The Congressional Budget Office (CBO) has just scored the latest Baucus Senate health-care bill and said that it would be revenue neutral -- producing a $81 billion return to the Treasury over a ten year period. This has been a requirement that Obama has imposed on any health-care reform plan ... otherwise he would not sign the bill. However, the CBO also included in its calculations a $404 billion cut to Medicare benefits over this same period (see: Medicare Cuts) -- something else that Obama has vowed to oppose in a well-publicized AARP meeting (see: Obama Vows No Cuts).

So Obama is now on the horns of a dilemma. Does he, with the help of the main stream media, ignore these draconian Medicare cuts hoping that AARP and the U.S. public will not focus on this fiscal slight-of-hand (in my Google search I could find only one news article that even mentioned these Medicare cuts -- the Wall Street Journal)? Or does he refuse to sign the Baucus bill and keep his promise to America's seniors? And, even more interestingly, does AARP campaign against the Baucus bill, pointing out how its membership will bear much of the burden of health-insuring an additional 21 million non-elderly Americans? I think I know how this story will progress ... how about you?

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