4 ms·
Well the specific proposal the New York Times cites would essentially put Medicare funding on autopilot. Instead of letting Medicare funding be dependent on th
by quanticle 16y ago
Well the specific proposal the New York Times cites would essentially put Medicare funding on autopilot. Instead of letting Medicare funding be dependent on the whims of the current Congress it would allocate 1% of GDP to Medicare every year. It would be up to the Medicare administrators to determine how to spend that 1%.
I think its a good idea, but its so politically infeasible, it may as well not be considered. I mean, anyone who tries to defend a hard limit like that is going to get totally mauled by the other party, who will demagogue it as, "You're going to kill seniors by taking away their health care."
- jeffreymcmanus 16y agoThere's a hard limit on it today, this would just make the hard limit consistent.