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Obama Unlikely To Include Medicare Age Increase

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"Obama Unlikely To Include Medicare Age Increase"

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“Instead of raising the Medicare eligibility age, the White House is considering recommending cuts to providers” in its new deficit reduction plan, the Wall Street Journal reports, along with increases in premiums “for wealthier recipients.” “It’s also possible the president would propose changing the inflation calculation for other government programs, which currently use the same measure as Social Security does.” Recall that Obama has already proposed billions in Medicare and Medicaid savings in April 2011 — as part of a broader deficit reduction proposal — and they may offer a hint as to the kind of off-sets he would include for the American Jobs Act.

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