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President Obama unveiled a proposal last week to cut $4 trillion from the deficits over 12 years by enacting a mix of spending cuts and tax increases.

Yet just TODAY Obama gave a "waiver" to ALL seniors in the medicare advantage programs from being forced to participate in the landmark healthcare bill (which was eneacted specifically to address the cost of senior's medicare costs!).

Why did he do that? Why, in one waiver, would he undo his entire single biggest political voctory in one fell swoop? Because it was pointed out that Obamacare is harder on seniors than is the Republican "Ryan Proposal". Seniors are a huge voting block. Political expediency prevailed.

So now... EVERY significant cost cutting measure of Obamacare is GONE! Seniors keep what they got now (which was supposed to be unsustainable), and the doctor 30% reimbursement rate cuts got "fixed" over a year ago... leaving the health care bill savings COMPLETELY UNDONE by the very party that passed it in the first place, preserving only its costly new bureaucracies.

Republicans don't have to repeal the health care bill, the dems are slowly undoing it themselves.

With one hand they offer cuts and taxes, and with the other hand they undo what cuts they enact. The net result is just more taxes and bureaucracy... things get worse not better.

That is S&P's point. We're still trying to fix the spiraling cost of healthcare that the trillion dollar historic health care bill supposedly fixed!

There IS no real US POLITICAL WILL to actually FIX the deficit problem; the politicians are more worried about their re-elections than fixing the problem, and they just keep making it WORSE.

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Edited by Gatinho (04/20/11 08:43 PM)