Cato’s Tanner: Medicare Will Be Cut

From Newsmax.com

Medicare benefits will be cut regardless of whether Democrats or Republicans have their way, says Michael Tanner, a senior fellow at the Cato Institute.

“Democrats would have us believe that they can cut $500 billion from Medicare spending over the next 10 years without anyone getting less of anything,” Tanner wrote in a Cleveland Plain Dealer opinion piece.

“They are going to save that money, the president says, by eliminating ‘fraud, waste and abuse.’ Undoubtedly that would be the same fraud, waste and abuse that presidents have been eliminating since at least, say, Ronald Reagan.”