GOP & White House Strike Debt Deal but Wave Bye-Bye to Medicare

Saturday, July 30, 2011

ABC News is reporting Republicans and the White House have reached a tentative deal to raise the debt ceiling. That’s the good news.

The bad news is, Medicare will be subject to automatic cuts if the deal is approved.

Key features of the agreement include:

  • A debt ceiling increase of up to $2.1 to $2.4 trillion
  • They have now agreed to spending cuts of roughly $1.2 trillion over 10 years.
  • The formation of a committee to recommend further deficit steps
  • The special committee must make recommendations by late November
  • If Congress does not approve those cuts by December 23, automatic across-the-board cuts go into effect, including cuts to Defense and Medicare. This “trigger” is designed to force action on the deficit reduction committee’s recommendations by making the alternative painful to both Democrats and Republicans.
  • A vote, in both the House and Senate, on a balanced budget amendment.
This entry was posted in Budget Crisis, John Boehner, Mitch McConnell, News, President Barack Obama, Worst President Ever and tagged , , , , , . Bookmark the permalink.

21 Responses to GOP & White House Strike Debt Deal but Wave Bye-Bye to Medicare

  1. Revolutionary Soldier says:

    Obama is a fucking coward but he’s clever. By the time the real harm begins to be seen in America by cutting Medicare, he will be long gone and back in Chicago writing his memoir and enjoying life as a one term, former president, living like a third world, African dictator.

  2. VicoDANIEL says:

    The sad truth is, Obama never pretended to give a shit about Medicare and Social Security.

    He needs the monies allocated to Medicare for ObamaCare and the monies in the Social Security Trust Fund for the Pentagon. If these cuts go through, I predict millions of homeless seniors and disabled living in parks and under freeway overpasses and like Revolutionary Soldier pointed out, Obama doesn’t care because he knows he will only serve one term but his one term will cause more destruction to America than Reagan, Bush I and Bush II combined.

    We are witnessing the end of America as we knew it.

  3. Sayingwhatneedsaying says:

    “Slave boy” gives away the store again……………. FUCK YOU OBAMA!!!!

  4. Robyn says:

    I read the whole article and it looks like the Medicare cuts are to providers and not beneficiaries. That is good news.

  5. Sayingwhatneedsaying says:

    Obama you fucking “Slave Mentality Nigger, now that you’ve screwed all the people who voted for you in 2008, why don’t you at least do one honorable thing. Do what Lyndon Johnson did in 1968, and don’t even run for re-election next year. You are now the official WORST PRESIDENT in History….. far surpassing George W. Bush. Why don’t you just pack your bags and head back to Kenya You Pathetic piece of shit! You have destroyed America….. And now I’d gladly pay to see your ass lynched from the highest tree, NIGGER!!!!

  6. TruthRocks says:

    By “Sayingwhatneedsaying” at 12:46 AM:

    “Obama you fucking “Slave Mentality Nigger”
    “I’d gladly pay to see your ass lynched from the highest tree, NIGGER!!!!”

    Comment is both Racist and Treasonous. Author needs to be banned and investigated.

  7. feminazi says:

    I’ve already had to switch primary care doctors since retiring due to physician reimbursement cuts and if Obama and the boys slash Medicare again, I imagine my current doctor — who is under 40 and still paying off student loans, will drop his Medicare patients for the simple reason he can’t afford us any longer. I’m so tired from all this. Just let the God damned Bush era tax cuts expire.

  8. Stephen Iversonn says:

    Unbelievable. Is Obama REALLY bowing to Michele Bachmann and the Tea Party crowd to this extent? Automatic Medicare cuts means the the program will cease to exist in 3 years.

    I know what he will say. “Well, the full faith and credit of the Untied States was at stake and now other entitlement programs like Social Security are safe. This is the best deal we had and we made it.”

    Of course this is bunch of crap. Obama could’ve invoked the 14th Amendment and gone around the Congress completely to raise the debt ceiling leaving Medicare untouched and for Americans who rely on the program for their medical care, but that would require striking strength of leadership but we all know Obama is lacking in that regard.

    Let’s hope Nancy Pelosi and the 60 or 70 members of the House Progressive Caucus kills this virus before it can pass.

  9. Kerry says:

    “Robyn says:
    + at 12:27 AM
    I read the whole article and it looks like the Medicare cuts are to providers and not beneficiaries. That is good news.”

    Robyn, all that means is that fewer PROVIDERS will be accepting Medicare. In Klamath Falls, OR there are few if any who will and some advertise in the phone book that they will take Visa and Mastercard for payments ONLY.

    The mexican illegals will still go to the emergency room at the hospitals every time their anchor kid sneezes and get 6 to 8 food stamp credit cards and wica in every name they can think up, milking the system for all they can get to take back to Mexico. Just like that stupid “cash for clunkers” BS. Every illegal in the area got a new suv, 4 door pick up with a couple thousand bucks worth of boom box and spent the next two weeks driving up and down the streets here with the speakers turned up full blast so everyone would know.

    I think they all stay up nights trying to think up ways to further FU the lives of the low income, disabled and elderly while continuing to enrich their own bank accounts and the lives of the most wealthy.

  10. Joe in Colorado says:

    What’s this I’m waking up to? Barack Obama being Teabagged again and loving it? Look, people need to accept the fact that this president has had Medicare and Social Security in the cross hairs since the awful day in January, 2009 when Obama was sworn into office. I saw this pictures on ABC News this morning of Obama sitting next to Boehner and McConnell and he has that shit-eating grin on his face like “Look at me. I’m cutting Medicare! Do you like me now, Rep. Bachmann”? All I know is I plan to vote for Ron Paul, Greens, Romney or write-in but not for Obama next year.

  11. The question everyone should be asking themselves today?

    Is a 50% from defense spending worth slashing Medicare reimbursement? A 50% cut in defense spending means less military adventurism but if it means more illness and death among the elderly and disabled at home, is the tradeoff worth it?

    Obama seems to think so. He’s banking on Obamacare picking up the slack but, with thousands of physicians opting out of the national healthcare program, where will the most vulnerable find access to care?

  12. Brigadoon says:

    If this budget giveaway passes, I can’t wait to see Obama read from his teleprompter and explain how Republicans got 98% of what they wanted and Democrats got zero. But one thing I’ve learned about this president: he can lie without missing a beat. At least Bush blinked his eyes and stammered a bit but, not Obama. He’s a polished, professional liar.

  13. ajihani says:

    This budget proposal is proof the Tea Party has managed to move Obama to the right and I, will be moving elsewhere to find a candidate to support for president in 2012.

  14. Estacada says:

    50% cuts to defense if significant and I approve.

    But automatic cuts to Medicare if some cat food commission-style fails to wield a knife? If Obama agrees to this provision he should be impeached. Oh wait a minute, the 2012 General Election will take care of this for us. No need to impeach Obama.

  15. Matteo says:

    I was curious to see more details on the debt deal but as soon as I got smacked in the face with this, I lost all interest and knew the deal sucked.

    Bill Kristol to GOP: Use Debt Deal to Win White House in 2012

    Fox News contributor Bill Kristol said Sunday that by not overselling the debt deal, Republicans could later use it to win the White House.

    “Assuming [the deal] happens, I think Republicans will have to say to their constituents and the country, you negotiate the debt ceiling agreement with the president you have,” he told Fox News’ Bret Baier. “This is the best we could get and the responsible thing to do, but they should not oversell it.”

    “It is not a great deal in my opinion. It’s an adequate deal, perhaps, if defense spending isn’t cut too much. And it certainly doesn’t fundamentally deal with the debt problem we have or the economic problems we have,” Kristol added.

    “So, I think Republicans should probably take the deal that is being negotiated today, but they should not make it seem as if this is some great victory. They need to say, we need a different president in 2013.”

  16. Brigadoon says:

    Cuts to Medicare? Are you fucking kidding me?

    I’m beginning to wonder of Michelle Bachmann is holding one of Obama’s daughters for ransom in his basement back in Minnesota. Obama just keeps giving the Tea Party everything while giving the base crumbs. I’ve had it with all of them.

  17. TOM339 says:

    Unless I stand corrected, slashing Medicare presupposes Obama Care will:

    1. be implemented in all 50 U.S. states
    2. is adequately funded to the tune of $900 billion
    3. offers physicians sufficient reimbursement to participate in the program

    None of this is known as of July, 2011. So to slash Medicare to win GOP votes to raise the debt ceiling is a huge leap of faith.

  18. Harry says:

    I’m disgusted with this president. Time to turn the page.

  19. ultragreen says:

    Both political parties have been corrupted by “big money.” In this so-called debt-deal, I can’t help noticing that there are STILL no tax increases for the rich and their corporations — these are the people who are actually running this country. But it’s okay to throw old folks and disabled persons into the ditch and let them fend for themselves.

    These politicians are truly disgusting. They are also stupid because they are only facilitating further decline in the U.S. economy. What we need in this country is a French-style revolution that involves heavy use of the guillotine.

  20. Great comments everyone.

    Please keep them coming. Our voices will not be silenced.

  21. Colin Papervine says:

    Yeah. Thanks Republicans for ruining our country.

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