Comment

Obama 'Thesis' - a Hoax

248
avanti10/23/2009 5:29:11 pm PDT

re: #229 albusteve

yes…well said, GM is a perfect example…so what did you think about cash for clunkers?…or the Medicaid payola yesterday in the Senate?

Medicaid payola ? They have been trying to fix underpayment for years, the finding was the issue.

“The Washington Post: “The ‘doc fix’ has become a near-annual ritual in Congress: Lawmakers routinely override the formula that sets Medicare payments to doctors, a move to prevent physicians from turning away Medicare patients because they are paid too little for the visits.” While most lawmakers agree that the formula, “established in a 1997 deficit-reduction bill, is a failed model, producing the enormous sum needed to eliminate it has proven impossible.” The Post reports that “although Republicans participated in talks to find ways to offset the $247 billion, no single revenue source found consensus, and GOP senators decided to turn Wednesday’s vote into a referendum on deficit spending and the price tags of the huge health-care reform bills slated to come to the House and the Senate next month” (Murray, 10/22).”