Minnesota Rep. Michele Bachmann appeared this week on the Glenn Beck radio show and accused Barack Obama of having a secret plan to bankrupt Medicare. Bachmann is in her home state attending the Right Online conference, along with former governor, Tim Pawlenty. Both are running to replace Obama as President of the United States. On Friday she attended the Republican Leadership Conference in New Orleans. Her charges are nothing new, as there were $500 Billion in Obama Medicare cuts to help pay for Obamacare, his own health plan. Much of Obama′s Medicare plan takes from the purse cash for home health care and hospital reimbursement rates from Medicare, as well as payments to doctors. Indeed, if Obamacare is fully implemented, it would not only bankrupt Medicare, but also eventually most, if not all, private health insurance, forcing the entire country to accept the Medicare fraud of Obama.
The Democrats have been playing the Medi-Scare card ever since Congressman Paul Ryan (R-WI) made public his 2012 budget plan, which would reign in spending over the next eight years and lead to a balance budget. Medicare reforms are part of the package, though it would not effect anyone currently on Medicare, nor eligible for it in the next ten years. The recent loss of the special election in New York’s 26th district was attributed to the Democrat scare tactics about Medicare.
As usual, the Democrats all act like there is nothing wrong, despite warnings from the board of trustees that Medicare will go bankrupt five years earlier than previously estimated. Should the economy continue on its present down turn, such could happen even sooner. Just ask the people in Greece, who are rioting in the streets over the sudden austerity measures.
Michele Bachmann is correct in saying Obama wants Medicare to go bankrupt, though it is hardly a secret. During speeches in 2007 and 2008, Obama told unions while campaigning that there would be an intermediate step before implementing a true, single-payer, national health care plan, which would replace Medicare and Medicaid. Obama′s Medicare plan is for the purse to run empty, then invoke a total nationalization of health care, doing away with current home health care and Medicare hospital reimbursement rates for doctors. Talk about eliminating Medicare fraud by Obamacare is just smokescreen as there are already Obama Medicare cuts to the tune of $500 Billion dollars.