The U.S. debt debate is heating up as Congress and the President argue about the “cut, cap, and balance” plan and move closer to the August 2 nd deadline to raise the debt ceiling. The debt debate is important. Our U.S. debt is now over $14 trillion, and we need to do something about it. But Medicare cuts are on the table, and war spending is not. So I would like to propose a switch. Take Medicare cuts off the table, and put war cuts on it. The wars in Afghanistan and Iraq have cost this country over $1.2 trillion since 2001. The debt ceiling wouldn’t even be an issue if it weren’t for these, because we never paid for them. We got the two men we wanted. It’s time to pay the bill and get out. On the other hand, the 2011 summary of the annual report of the Medicare Trust Fund trustees shows that we still have surpluses in the Medicare Trust Funds. The Medicare Part A Trust Fund had $271.9 billion in it in 2010. The Part B and...
An occasional column focusing on federal, state, and local health policy