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Obama Offered To Raise Medicare Eligibility Age (from 65 to 67) As Part Of Grand Debt Deal [View All]

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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-11-11 03:45 PM
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Obama Offered To Raise Medicare Eligibility Age (from 65 to 67) As Part Of Grand Debt Deal
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Source: Huffington Post

Obama Offered To Raise Medicare Eligibility Age As Part Of Grand Debt Deal

In his press conference on Monday morning, President Barack Obama repeatedly insisted that he was willing to tackle some sacred cows as part of a larger package to raise the debt ceiling. Just how sacred, however, may surprise political observers.

According to five separate sources with knowledge of negotiations -- including both Republicans and Democrats -- the president offered an increase in the eligibility age for Medicare, from 65 to 67, in exchange for Republican movement on increasing tax revenues.

The proposal, as discussed, would not go into effect immediately, but rather would be implemented down the road (likely in 2013)

...............

Sources offered varied accounts regarding the seriousness with which the president had discussed raising the Medicare eligibility age. ... "That is one of the things they put on the table as part of a big solution," said one senior Republican Hill aide. ... Obama's willingness to embrace the idea, however, was seen as a major bargaining chip that could help win concessions from Republicans on revenues.

Read more: http://www.huffingtonpost.com/2011/07/11/obama-medicare...
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