Just last week, the Office of the Actuary (OACT), an office in President Obama's own administration at the Centers for Medicare and Medicaid Services, released its analysis of the Democrat's health care "reform" bill. OACT found that Obamacare will cut Medicare benefits and decrease senior's access to health care. Further, OACT estimates their bill will actually make health care more expensive over the next decade and that most of the provisions that were designed to reduce health care costs would have a relatively small savings impact.
I am sure you all remember when President Obama addressed a Joint Session of Congress in September to talk about health care reform. During that speech, President Obama promised that Medicare benefits would not be cut. He even went as far to say that my colleagues and I were using "scare tactics" when talking about Medicare cuts and the increased health care costs associated with his plan. Just in case you don't remember or you happened to miss the address, here is an excerpt from that speech.
"When health care costs grow at the rate they have, it puts greater pressure on programs like Medicare and Medicaid. If we do nothing to slow these skyrocketing costs, we will eventually be spending more on Medicare and Medicaid than every other government program combined." President Obama then went on to say, "So don't pay attention to those scary stories about how your benefits will be cut…That will not happen on my watch. I will protect Medicare."
The OACT is not some partisan think tank or run by health insurance lobbyists, OACT is part of President Obama's administration. President Obama needs to keep his promise to the American public. He needs to tell Speaker Pelosi and the Democrat controlled Congress to go back to the drawing board and bring true health care reform to the House floor.