Medicare - what exactly are their "take an ax" to it plans????

[DemocracyInaction]

Small section in "Time" magazine. Says that Obama and GOP are playing a little chicken game but that they will eventually come out with cuts to SS and Medicare and addressing the debt that will make everyone pissed. Dems because of SS/Medicare cuts and Repubs because they probably will do something like a gas tax (can you spell "Double Dip" recession)! Anyway, we all kind of know the shit proposed for SS (making you wait to retire until they can mail your first check to the graveyard). But, does anyone know what they are proposing for Medicare?? Obama shys away from saying the SS word but he's always slipping out the "something has to be done with Medicare" crap. Seriously, have any of you heard anything about Medicare???