Last week, I
wrote about a Congressional Budget Office memo — released
too late to affect the outcome of the health care vote — that
said Democrats couldn’t use the same money from cutting Medicare
both to reduce the deficit and extend the life of the Medicare
trust fund.
Today, the New York Times writes about the issue — on
A20. Yet instead of just reporting a simple truth that blows a
hole in health care claims made by Democrats,
including President Obama and Senate Majority Leader Harry
Reid, the Times muddies the waters as if the issue is
just one big giant source of confusion without any clear answer.
The headline muses, “Expanding Health Coverage and Shoring Up
Medicare: Is It Double-Counting?” And the article opens with: “At
the heart of the fight over health care legislation is a paradox
that befuddles lawmakers of both parties.”
Really? Befuddles? I thought the CBO was pretty clear when it
wrote: “To describe the full amount of (Medicare Hosptal
Insurance) trust fund savings as both improving the government’s
ability to pay future Medicare benefits and financing new
spending outside of Medicare would essentially double-count a
large share of those savings and thus overstate the improvement
in the government’s fiscal position.”
And the position was echoed by Centers for Medicare and Medicaid
Services, which actually implements the program.
Yet to the Times, it’s some giant paradox.
Pingback| 12.29.09 @ 10:56AM
Twitter Trackbacks for The American Spectator : AmSpecBlog : NYT Obscures CBO Report links to this page. Here’s an excerpt:
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Deducting Local and State Taxes on IRS Form 1040: State Income Tax … | South Dakota R links to this page. Here’s an excerpt:
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ChiPsP: Tax showdown ahead on health reform | Tax Finance Wisdom links to this page. Here’s an excerpt:
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