John McCain Wants To Cut Your Medicare And Medicaid Benefits
Posted on October 6, 2008 by andrew
Retired? Plan on being retired at some point in the future? Don’t vote for John McCain:
First McCain said he would elimine the entire tax deduction for health insurance, in order to pay for his new tax credit. This would have paid for itself, but it would have done so by raising taxes on a lot of people.
Then McCain decided he was keeping part of the deduction after all. While he would be raising taxes on a very few people, he’d be lowering them for most. Of course, that would also have meant running much bigger deficits.
Now McCain is saying, no, no, he’s not going to increase the deficit with his health care plan. Instead, he’s going to pay for it by cutting Medicare and Medicaid–which, at the levels he’s discussing, might seriously weaken the program.
[Emphasis added]
Jonathon Cohn has a more detailed summary- and the statements from the McCain campaign to back it up- at the link. In John McCain’s America, the only senior citizen with health care will be John McCain.
Sphere: Related Content» Filed Under 2008 presidential election, John McCain, Medicare and Medicaid, health care crisis
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