Medicare, Social Security

Medicare, Social Security
Florida, a retirement haven, is especially
dependent on these big entitlement programs,
and Obama has acknowledged they must be
 changed to keep them solvent
If s going to require all of us to work
 together and tell the American people
just how serious the current crisis is.

Medicare in its current form is
unsustainable The same goes with Social
Security.
The issue could come up as early as this
month when Obama and congressional leaders
explore ways to avoid falling off the
"fiscal cliff" Thafs Washington shorthand
for a draconian set of tax hikes and
spending cuts that kick in at the end of
the year unless the president and Congress
agree on a better way to reduce the
federal deficit.

Cutting Medicare spending is one option
that may be thrown on the bargaining table,
as is raising taxes on the rich.
The eligibility age for Medicare may need
to be raised beyond 65 to keep the program
solvent Other options also require painful
choices, such as raising payroll taxes or
trimming future benefits.
A likely first step: setting up a commission
to recommend solutions.

Healthcare
Obama's re-election, along with a landmark
US. Supreme Court decision in June, ensures
that the new health-care law will remain
the law of the land.

Florida Legislature must set up exchanges
to help Florida consumers make the best
deal for buying health insurance and to
also expand Medicaid — mostly at federal
expense — to cover roughly a million
uninsured Floridians.

They must broaden Medicaid and create the
state-run exchanges rather than turn the
task over to Uncle Sam.




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