One of the reason that Social Security and Medicare are popular are because they both apply to everyone.
When you start trying to exclude people for being too rich, you remove a powerful constituency that supports the programs, and save next to no money, and set the stage for a lower level, until finally the programs are just for the poor, and they are easier to kill.
Well, at his press conference, this is what Barack Obama proposed:
“The fall back position, the third option, and what I consider the least attractive option, is one in which we raise the debt ceiling without making any significant progress on reducing the deficit,” he said.
Obama specifically highlighted the possibility of additional means-testing for Medicare as a way to achieve savings, noting that his proposal would not affect current beneficiaries.
“You can envision a situation where for somebody in my position — me having to pay a little bit more — would be appropriate…and that could make a difference,” Obama said during a Friday press conference.
Will someone please primary the bastard before he destroys the last vestige of the New Deal? Please?
His narcissistic interest in accomplishing big things, even when they are bad big things, is profoundly troubling.