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Medicare Report Confirms Health Care Takeover Plan is a Fiscal Disaster

WASHINGTON, Dec. 11 /PRNewswire-USNewswire/ -- A new report released by the Medicare Chief Actuary, Richard Foster, and the Center for Medicaid Services, the federal agency that oversees Medicaid, says that the proposed health care overhaul plan will dramatically increase health care costs and senior citizens will suffer from Medicare cuts.


Family Research Council President Tony Perkins made the following comments:

"The Medicare number crunchers are admitting what we've known all along - that this $2.5 trillion bill is a fiscal disaster that will dramatically raise costs and likely cut health care access for senior citizens.

"A spending spree of this magnitude will have consequences because our country doesn't have an unlimited supply of money. This sobering report alone should be enough to convince every Senator and Congressman to oppose this bill. In addition, this health care takeover will increase taxes by almost $500 billion, and further hurt job growth by imposing $28 billion in new taxes on employers.

"The Senate plan also takes a slap at married couples by imposing a marriage penalty on couples making more than $250,000 a year. Cohabiting couples, on the other hand, are free to make $200,000 each before getting slammed by the same tax. The marriage penalty strikes at the core strength of our country - the married family unit which is the greatest generator of human goods and social benefits to our nation."

SOURCE Family Research Council

SOURCE Family Research Council
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