McCain Plans Federal Health Cuts

[Born_A_Truman]

Medicare, Medicaid Spending Would Be Reduced to Offset Proposed Tax Credit

http://online.wsj.com:80/article/SB122315505846605217.html

John McCain would pay for his health plan with major reductions to Medicare and Medicaid, a top aide said, in a move that independent analysts estimate could result in cuts of $1.3 trillion over 10 years to the government programs.

The Republican presidential nominee has said little about the proposed cuts, but they are needed to keep his health-care plan "budget neutral," as he has promised. The McCain campaign hasn't given a specific figure for the cuts, but didn't dispute the analysts' estimate.

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Seniors need to be aware of this!