Kevin Brady: “In the same setting, CBO estimates the premiums for fee-for-service Medicare may go down by $10 a month, or, at most…”

“In the same setting, CBO estimates the premiums for fee-for-service Medicare may go down by $10 a month, or, at most, increase by $3 a month. It is much less variation than the CMS study that is cited here tonight. The fact of the matter is that without some reforms to make Medicare better and last longer, premiums for taxpayers will go up and the whole system is going, frankly, to go bankrupt sooner. I think one thing we share as Democrats and Republicans is wanting to try to find some way where we can make Medicare better and last longer. I do think that, despite our philosophical differences, we have some common ground in that area.”