Tag: entitlements
Jeb Bush Keeps Clarifying: He Wants To Replace Medicare

Jeb Bush Keeps Clarifying: He Wants To Replace Medicare

At an event sponsored by Americans for Prosperity on Wednesday night, Republican presidential candidate Jeb Bush said the U.S. government should find a way to “phase out” Medicare, the federal health insurance program for Americans aged 65+ and some disabled people, and “move to a new system.”

In a back-and-forth with an audience member at a New Hampshire town hall event on Thursday, Bush attempted to clarify his remarks, saying the government needs to “reform our entitlement system,” Politico reports.

“It’s an actuarially unsound health care system,” Bush told the audience member.

“The people that are receiving these benefits, I don’t think that we should touch that; but your children and grandchildren are not going to get the benefit of this that they believe they’re going to get, or that you think they’re going to get, because the amount of money put in compared to the amount of money the system costs is wrong.”

Repeating himself, Bush reiterated a talking point about social spending that some question. “Despite recent evidence that the program’s finances are secure, the former Florida governor suggested that Medicare isn’t solvent,” ThinkProgress reports.

At the event on Wednesday, speaking about Medicare, Bush said, “I think a lot of people recognize that we need to make sure we fulfill the commitment to people that have already received the benefits, that are receiving the benefits. But that we need to figure out a way to phase out this program for others and move to a new system that allows them to have something — because they’re not going to have anything.”

As usual, Jeb Bush means what he originally said. But this point actually does bear repeating, as Kevin Drum at Mother Jonesreported this week: Medicare “spending is projected to slow down around 2040, and reaches only 6 percent of GDP by 2090.” Sounds like the entitlement program may be more stable than Bush cares to admit.

Photo: Republican presidential candidate Jeb Bush answers a question from the audience during a town hall campaign stop at the VFW Post in Hudson, New Hampshire, July 8, 2015. REUTERS/Brian Snyder

Why I’m (Still) Thankful For President Obama

Why I’m (Still) Thankful For President Obama

On a day when we pause to consider those things for which Americans ought to be thankful, I feel obliged to mention my appreciation for many of the things that Barack Obama has accomplished as President of the United States, and my profound relief that he is in the Oval Office rather than any of the Republicans who sought to displace him.

On this day, it seems appropriate to reflect not only on Obama’s considerable achievements, but on how much worse our situation might be if his opponents had been in control of events from January 2009 until now.

With our continuous immersion in harsh commentary from factions and ideologues across the spectrum, a mindless negativity tends to dominate assessments of his presidency. He is certainly more flawed than his most zealous supporters would ever have admitted six or seven years ago, which is why some of them are disproportionately disappointed today; he has made regrettable mistakes in both policy and politics; and, as we saw in this month’s midterm election, he has suffered declines in public confidence that injured his image and the fortunes of his party. His approval ratings remain low.

And yet, whatever his fellow citizens may feel, the undeniable truth is that Obama righted the nation in a moment of deep crisis and set us on a navigable course toward the future, despite bitter, extreme, and partisan opposition that was eager to sink us rather than see him succeed.

So I’m thankful that Obama was president at the nadir of the Great Recession, rather than John McCain, Mitt Romney, or any other Republican who might have insisted on austerity and prevented the stimulus spending that saved us from economic catastrophe. It wasn’t large enough or long enough to prevent the human suffering of unemployment, but it was sufficient to bring recovery, more rapidly than most countries have recovered after a major panic.

The simple proof may be found in the record of growth that outpaced every other industrialized country in the world – a record that seems even more impressive because the crash began here, as a consequence of irresponsibility and criminality in American financial markets. Undergirding the stimulus was his courageous decision to bail out the automotive industry, denounced as “socialism,” saved at least a million jobs and prevented the further deindustrialization of America.

I’m also thankful that Obama – a politician who respects science and listens to scientists — was president as we began to encounter the difficult realities of climate change. Having declared his determination to double the production of renewable energy in this country, he has far exceeded that objective already. Under his guidance, the federal government has acted against excessive carbon dioxide in the atmosphere, required automakers to double their fuel economy by 2025, ordered agencies to achieve sustainability in operations and purchases, and invested tens of billions in smart electric grids, conservation, and clean fuels.

I’m thankful that he oversaw passage of financial reform, despite his overly cautious failure to prosecute the financial felons who caused the crisis and his refusal to take down any of the big banks. Like the stimulus and the auto bailout, the Dodd-Frank Act is imperfect but useful and necessary – and wouldn’t have occurred if the bankers and their most abject Republican servants had been fully in charge.

I’m even more thankful that he pushed through the most extensive and generous reform in American health care since the passage of Medicare and Medicaid, the Affordable Care Act – which, despite its troubled debut, has proved to be a remarkable success. It isn’t Medicare for all, but Obamacare is insuring and protecting millions of Americans who would otherwise be subject to the Tea Party Republican policy, pithily summarized by that mob screaming “let ’em die” at the GOP debate in 2012. Health care costs are falling, Medicare’s solvency has improved, and millions more of the country’s poor and working families are covered by Medicaid, in spite of Republican legislators and governors who would, quite literally, let them die.

Finally, I’m appreciative of many other policy decisions Obama has made – promoting human rights by ending anti-gay discrimination in the military, banning the Bush era tolerance of torture, outlawing unequal pay for women, and most recently his executive order on immigration. I’m grateful that he is seeking peace through negotiation with Iran, instead of going directly (and insanely) to war as McCain or Romney would almost surely have done. I’m glad he had the guts to order the operation that finished Osama bin Laden.

None of this diminishes the president’s political errors, his sometimes naïve attitude about “bipartisanship,” his excessive deference to the national security and defense establishments, or his persistent susceptibility to wrongheaded cant about entitlements and deficits.

But he remains admirably cool under attacks that would madden most people. He refuses to mimic the cynical, mindless, and ugly conduct of his adversaries. He still proclaims American values of shared responsibility and prosperity, of cooperation and community, of malice toward none and charity for all.

In different ways, those ideals were epitomized by the presidential founders of this national holiday – George Washington, Abraham Lincoln, and Franklin Roosevelt – and their persistence is reason for thanksgiving, too.

Obama Drops Proposal For Entitlement Trims From Budget Plan

Obama Drops Proposal For Entitlement Trims From Budget Plan

WASHINGTON — President Barack Obama has dropped a proposal included in previous budget offers that would have changed the way entitlement benefit increases are calculated, an acknowledgment that the era of “grand bargain” fiscal talks with Republicans has ended — at least for now.

The decision also comes as the White House has worked to iron out major differences with Democratic allies in Congress and the party’s liberal base in an election year.

The president’s now-abandoned proposal to use an alternative measure of inflation than the consumer price index would likely have resulted in significant savings in long-term entitlement programs, such as Social Security and Medicaid. Obama had indicated his support for the so-called chained CPI in fiscal battles with Republicans in Congress over the debt ceiling and government funding, starting in 2011.

It was most recently a bargaining chip in the fiscal-cliff discussions in late 2012, though many Democrats in Congress expressed opposition. Obama had offered it again in his budget plan last year, when the White House said there was still “a little bit more optimism” about concessions from Republicans.

A White House spokesman said that although Obama will not include the idea in this year’s budget proposal, the offer “remains on the table” in the event of any new efforts to reach a major deficit-reduction deal of the sort he has discussed with Speaker John Boehner (R-OH) in the past.

But such grand-bargain-style talks, in which Democrats sought new revenues in the form of higher taxes in return for spending reductions sought by GOP lawmakers, have been superseded by a new two-year budget deal that Sen. Patty Murray (D-WA), and Rep. Paul Ryan (R-WI) brokered last fall.

“We’ve made substantial progress in reducing the deficit. There’s more that we can do, and that’s why the offer remains on the table,” said Josh Earnest, a White House spokesman. “But the president also believes it’s important that we start spending some time focusing on what kinds of policies we can put in place that will expand economic opportunity for every American.”

Brendan Buck, a Boehner spokesman, said the move shows Obama “has no interest in doing anything, even modest, to address our looming debt crisis.” “With three years left in office, it seems the president is already throwing in the towel,” he said.

Washington has entered a rare fiscal cease-fire, with the threat of a government shutdown off the table until October and the nation’s borrowing capacity intact through March 2015.

The move on the debt ceiling last week served both parties’ interests in moving into the election season with as few internal divisions as possible.

Rep. Nancy Pelosi of California, the Democratic leader in the House, applauded Obama’s decision.

“House Democrats have stood behind President Obama’s honest efforts in recent years to forge a bipartisan grand bargain with congressional Republicans,” she said in a statement. “In the course of those negotiations, he put chained CPI on the table as a gesture of good faith; yet Republican leaders were unwilling to budge or close a single unfair tax loophole, and decided to walk away from opportunities to find common ground.”

Sen. Bernie Sanders of Vermont, an independent who has been among the staunchest critics of the chained CPI proposal, hailed what he called Obama’s decision “to protect Social Security.”

“With the middle class struggling and more people living in poverty than ever before, we cannot afford to make life even more difficult for seniors and some of the most vulnerable people in America,” he said.

AFP Photo/Alain Jocard