Medicare is not sustainable, especially with more than 70 million baby boomers starting to enter the program at the rate of 10,000 a day.
We do not have the option of ignoring this growing tsunami of red ink or of spewing false accusations about the serious reform plan offered by House Budget Committee Chairman Paul Ryan.
Under Obamacare, the president’s plan to “save” Medicare relies primarily on paying doctors and hospitals less and less to the point that 40% of providers will either go bankrupt or stop seeing Medicare patients, according to Medicare actuaries. The dreaded Independent Payment Advisory Board will put the thumb screws on through a rationing strategy.