As debate heats up, how does Medicare fit into debt limit fight?

NewsGuard 100/100 Score

President Barack Obama signals an interest in "modest adjustments" to Medicare and other safety net programs -- but not in the context of debt limit discussions -- as Republicans demand spending cuts be part of a deal to raise the federal debt limit.

The Wall Street Journal: Obama Escalates Debt Fight
Mr. Obama said he was willing to work with the GOP on an agreement to cut spending-;including "modest adjustments to programs like Medicare"-;but not in the context of the debt ceiling. He said agreeing to link the two would be like a "negotiation with a gun at the head of the American people'' in which Republicans would threaten to cut safety-net programs under a threat "to wreck the entire economy.'' House Speaker John Boehner (R., Ohio) has acknowledged that delaying an increase in the debt limit could cause economic harm, but he said not reining in government spending also carried consequences (Lee and Hook, 1/14).

The Associated Press/Washington Post: Americans Like Spending Cuts In Theory, Not In Detail, Complicating Deficit Talks In Capital
Meanwhile, the clock is ticking toward the March 1 start of major, across-the-board spending cuts that both parties call unwise. These are the postponed cuts -; or "sequester," in Congress-speak -; lingering from the partial resolution of the "fiscal cliff" on Jan. 1. These cuts would hit military and domestic programs hard. But they would spare "entitlements," the popular but costly programs that include Medicare and Social Security. Leaders in both parties say lawmakers soon must confront entitlements if they are to stem the nation's long-term deficit-spending problem (1/15).

Kaiser Health News: Obama: 'Our Commitment To Medicare… Is Really Important' (Video)
Kaiser Health News offers a video and transcript of yesterday's White House news conference in which President Obama discussed how he sees Medicare, Medicaid and other health care spending factoring into the looming conflict over raising the federal debt ceiling (1/14).


http://www.kaiserhealthnews.orgThis 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.

 

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
Post

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

You might also like...
Your doctor or your insurer? Little-known rules may ease the choice in Medicare Advantage