ObamaCare actually cuts $1 trillion from Medicare over the next ten years.
That's Obama’s “gift” to elderly Americans who are currently more than 90% white.
Some of the “savings” will come from reducing payments to doctors and hospitals, which, obviously, will immediately lower the standard of care.
The rest of the savings will come from “preventative medicine.”
That means that once a year a second tier Affirmative Action M.D. will take your vitals, advise you to lose a little weight and eat more fruits and vegetables, and write you several new prescriptions.
That will be Obama’s gift to the pharmaceutical companies for quietly supporting ObamaCare.
Meaningless.
Medicare is a promise to pay for a service without limit.
This cannot coexist with an honest annual budget, and, as long as our capitalist system has access to taxpayer dollars with a payment guarantee, more and more useful but expensive technologies will be invented and deployed.