If anything, it needs to be expanded and not cut.
Naturally the radical rightists want to rob seniors of any way to pay for medical care; if they aren't rich and can pay for their health care out of pocket, they can die.
But what does this neoliberal asshole in the White House propose for "spending cuts," when in fact REVENUE needs to be raised by taxing the hell out of the top one percent?
Here it is:
Obama made only one fleeting reference to this most important aspect of the economic crisis. He condemned the Ryan plan for proposing another $1 trillion in tax breaks for the wealthy, then added:
“In the last decade, the average income of the bottom 90 percent of all working Americans actually declined. The top 1 percent saw their income rise by an average of more than a quarter of a million dollars each.”
He then asked rhetorically, “And that’s who needs to pay less taxes? They want to give people like me a $200,000 tax cut that’s paid for by asking 33 seniors to each pay $6,000 more in health costs. That’s not right, and it’s not going to happen as long as I’m president.”
This was the high point of Obama’s populist demagogy, a typical dog-and-pony show in which the Democrats pretend to be the tribunes of the common man and the Republicans are assigned the role of Wall Street stooges.
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