According to Nancy Pelosi Congress Wastes 500 Billion Dollars on Medicare
Posted on 11. Sep, 2009 by James Devere in Political News
Speaker Pelosi yesterday addressed funding for the health care bill. In her news conference, Ms. Pelosi states that we can “squeeze” 500 billion dollars out of Medicare today in order to pay for half of the projected 1 trillion dollar price tag for healthcare. Where will the other half come from?
President Obama in his speech on Wednesday estimated that he could pay for most of the bill by cutting Medicare waste. Somebody’s estimates are a little off. The day after President Obama delivered his 28th and largest speech to clarify healthcare, he and the other most prominent proponent of the bill are 500 billion dollars apart on their funding of the bill.
500 billion dollars in waste also begs the question, why have you not cut this waste sooner? It wouldn’t be that Medicare is a bloated government bureaucracy that lends itself not to efficiency, would it? So in thirty years Congress has been unable to cut the waste out of Medicare; but somehow it is now prudent to bet the farm on a 1018 page behemoth of a legislative vehicle that creates 53 new bureaucracies…yep that will cut the fat.
Ok,so for 30 years they have not cut the waste in medicare,and for the last 30 years,the Republicans have not brought up a national health care bill.Nor have they tried to get the Advantage part of Medicare to be compititve,which the government subsidies at the tune of $177 billion a year.
In 03,the Republicans really tossed money into this program.
Mean while,over 280 thousand Americans died during the Presidency of George Bush,with who knows how many over the past 30 year,that had no health care.
Time to end the debate and get on with health care for all.