On the recordFebruary 15, 2012
Once again the GOP Doctors Caucus comes together to discuss important matters regarding health care. Tonight we're going to focus on saving Medicare. This has been a very interesting discussion going back to the days of the ObamaCare debate where we talked about how we would finance ObamaCare. And lo and behold in the middle of the debate, we find out that the Members of the other side of the aisle decide that they're going to help finance ObamaCare by taking out over $500 billion--half a trillion--$500 billion from Medicare over the next 10 years in order to help finance ObamaCare. Now if you think about this, the CBO states that Medicare may become insolvent as early as 2016. So I think the focus right now with regard to Medicare, an important part of our entitlement program, has got to be how are we going to save Medicare. I have an array of colleagues here this evening that are going to help me develop that issue. Again, I'll go back to the financing of ObamaCare, and that is cutting out over half a trillion dollars from Medicare in order to help finance ObamaCare. And there are some other pieces of the financing as well--the individual mandate which is soon to go to the Supreme Court. And if that is struck down, that will be another piece of the financing that won't be available.…





