Saturday, August 16, 2025

Thanks Obama! Democratic precedent cuts a half billion dollars from Medicare

 I've written previously about the Obama scandals (here) but the latest is that the Trump budget will cut Medicare thanks to a precedent the Democrats supported and Obama signed. From Wikipedia:

‘The Act was introduced in the House of Representatives on June 17, 2009, by Majority Leader Steny Hoyer (D-Maryland) and has been cosponsored by 169 of the 257 House Democrats. The Act had initially passed the House of Representatives 265–166 as a standalone bill in July 2009, then was attached in the Senate to legislation raising the debt limit to $14.3 trillion. A majority of 241 Democrats supported the bill while a majority of 153 Republicans opposed it.’

https://en.wikipedia.org/wiki/Statutory_Pay-As-You-Go_Act_of_2010 

So thanks Obama and the Democrats.

This is double cruel since the federal government can make the money to fully fund healthcare without raising taxes. For those worried about inflation, Medicare-for-all would actually cut healthcare expenses.

Note: Obama also proposed cuts to Social Security. https://www.cbsnews.com/news/obama-proposes-cuts-to-social-security/ 

Update: “People of privilege almost always prefer to risk destruction, total destruction, rather than surrender any part of their privileges. Intellectual myopia, often called stupidity, is a reason There’s also the invariable feeling that privilege, however egregious, is a basic right. The sensitivity of the poor to injustice is a small thing as compared with that of the rich.” – J K Galbraith 

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