Nov 9 2011
Super committee Republicans are warming to the idea of finding new Medicare premium revenues to help bridge the still-wide gap between themselves and Democrats over deficit reduction proposals, but they aren't budging on their opposition to tax increases.
The Associated Press: Congress Sputters On Deficit Cuts, Spending Bills
A sputtering Congress enveloped in an atmosphere poisoned with politics and distrust enters its final weeks of the year struggling to complete a lengthy to-do list on the budget. The so-called deficit super committee is hung up over taxes, raising real doubts it will succeed in its assignment of cutting deficits by at least $1.2 trillion over the next decade. ... Without new revenues, Democrats are unwilling to cut Medicare or impose a new inflation measure to reduce annual cost-of-living increases for Social Security beneficiaries (Taylor, 11/8).
Politico: Republicans Put Revenue In The Mix
A remarkable thing has happened on the way to the super committee deadline: Republicans are beating the "we-want-more-revenue" drum. ... Republicans believe they can raise revenues -; and not taxes -; on several fronts. First, there's talk about raising Medicare premiums for high-income seniors (Sherman and Kim, 11/7).
This article was reprinted from kaiserhealthnews.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente. |