Mediscare: The Surprising Truth

The Obama administration has repeatedly claimed that the health-reform
bill it passed last year improved Medicare's finances. Although you'd
never know it from the current state of the Medicare debate-with the
Republicans being portrayed as the Medicare Grinches-the claim is true
only because ObamaCare explicitly commits to cutting health-care
spending for the elderly and the disabled in future years.

Yet almost no one familiar with the numbers thinks that the planned
brute-force cuts in Medicare spending are politically feasible. Last
August, the Office of the Medicare Actuary predicted that Medicare will
be paying doctors less than what Medicaid pays by the end of this decade
and, by then, one in seven hospitals will have to leave the Medicare
system.

Article:
http://online.wsj.com/article/SB1000142405270230406650457634573277599039
2.html?mod=googlenews_wsj
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