General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRepublicans Are Cutting Medicare. Not Only Medicaid, Medicare
https://prospect.org/politics/2025-07-03-republicans-cutting-medicare-not-only-medicaid/Because of a statutory requirement to automatically impose budget cuts when legislation increases the deficit, the Big Beautiful Bill would require automatic sequestration cuts across the board, something that has been confirmed by the Congressional Budget Office (CBO) but has been largely absent from the debate over the bill. Medicare is one of the programs that will face the axe, and the damage sums to $490 billion over the next ten years, starting in the next fiscal year that begins in October. While many of the safety-net cuts in the bill are delayed to help Republicans with their re-election campaigns, the Medicare cuts must begin next year.
The Statutory Pay-As-You-Go (PAYGO) Act of 2010 requires the Office of Management and Budget to keep scorecards that track the cumulative effects of legislation on the budget deficit, based on estimates from the CBO. The Senate version of the Big Beautiful Bill adds roughly $3.3 trillion in debt over the next ten years. That will have to be made up through automatic sequestration cuts.
--snip--
Therefore, OMB would be required to issue an order reducing spending by $330 billion by January 2026. Many accounts are exempted from sequestration, including Social Security and several programs affecting low-income Americans. But Medicare is not.
There is a limitation on Medicare cuts of 4 percent of the program. In fiscal year 2026, that would come out to $45 billion. These cuts would increase with the growth of the program, hitting $75 billion by 2034 according to CBO. The total ten-year cuts would equal $490 billion.
--more--
gab13by13
(31,132 posts)I will be 78 this month, I have Medicare and Social Security. I estimate I have 7 years before I lose them.
Irish_Dem
(79,527 posts)Eliot Rosewater
(34,282 posts)Dont expect them not to if all we do is sit here, if all we do is peaceful protests, Im not saying violence, but I am saying much more aggression is needed.
Irish_Dem
(79,527 posts)It will happen quicker than 7 years.
And yes they will not stop until they are stopped.
Bettie
(19,231 posts)I'm pretty sure that I and DH will never get either of them....
OrlandoDem2
(3,146 posts)gab13by13
(31,132 posts)Kamala Harris won the last election.
Silent Type
(12,412 posts)anymore.
Volaris
(11,379 posts)If the gop is hellbent on being the party that has abandoned any semblance of fiscal responsibility (the same way they handed us NatSec as a result of DimSons fuckups in Iraq), then by God we should kick them and take off running with it.
Hell, I'd even be willing to eat a 1 or 2 % national sales tax, if it were law that every penny went to paying down the principal on the debt...fuck these dumbasses who are about to find out how badly trump and his GOP Majority fucked them.
The ads need to start now. Don't wait till elections. Carpet bomb with ads everywhere showing what the bill does and how the "delay" is calculated to take place after the mid-terms. They need to start fighting dirty. Not just keep asking for $ for campaign. No days off, no vacations. Go everywhere and get volunteers to go everywhere constantly.
uponit7771
(93,471 posts)Eliot Rosewater
(34,282 posts)Hate to ruin your day
Johonny
(25,332 posts)Be amazing. GOP spend billions on things that don't grow the economy. Cutting things that do grow the economy and the bill basically makes it hard to reverse course.
And then there the huge issuing of new debt. Goodbye affordable loans
underpants
(194,722 posts)They delayed things until after the next election? Jesus.
Johonny
(25,332 posts)A lot of companies are going to be making moves now. I mean if you work for a rural hospital on the edge and you can move . . . You're moving now or the hospital is going to probably fold anyway. Insurance companies, they will be hiking rates now. Those Treasury notes issued the rest of the year are going to be tougher sells. . . A lot things in the economy are going to react this year in anticipation of the contraction in health care to come.
Meanwhile, every GOPer doing their taxes expecting a big fat cut will find no cut. At best they might tread even. Some will lose out.
Then there are the poison pills, many we don't know to much about.
roamer65
(37,813 posts)Thats what I have been calling it.
Within a year, we are going to be in a debt deflation trap like China.
littlemissmartypants
(31,533 posts)But it got little attention. Unfortunately.
CousinIT
(12,199 posts)Folks, it's just gone. Not immediately, but it will likely be if these cuts take effect. I retire in 3 years, and I'm not sure it will be there even then.
roamer65
(37,813 posts)More socialism for the corporations.
Irish_Dem
(79,527 posts)Who will make operating costs 80%.
milestogo
(22,492 posts)Fucking greedy pigs.
Irish_Dem
(79,527 posts)SergeStorms
(19,919 posts)Just where are your priorities, milestogo?
Silent Type
(12,412 posts)Ritabert
(1,950 posts)Fiendish Thingy
(21,924 posts)$45 billion is precisely the amount the ICE budget was increased to pay for construction of the concentration camps and hiring 10,000 new brownshirts.
Hmmmm
BoRaGard
(7,591 posts)AllaN01Bear
(28,548 posts)double whamy for me .
Figarosmom
(9,683 posts)So where was the media reporting and pounding on this? Where were the Dems pounding on this? How hard would it have been to add this to their talking about Medicaid?
Well good job press and Dems.
Not just a turbo charged ICE but also our Medicare gets cuts.
Grim Chieftain
(1,186 posts)suffers the full consequences of their actions. Horrible sociopaths.
Abstractartist
(412 posts)If you get sick, go to the ER.. every time. If you have a cold, go to the ER, anything you think is a medical problem EVERYONE JUST GO TO THE ER. You will see changes quicker then you think. The down and dirty thing to do is VOTE FOR DEMOCRATS. Retake house and Senate, elect a democrat president, insist on paper ballots and then once the democrats have the house, senate and white house, then pass universal healthcare, social security fund security, etc .
markodochartaigh
(4,966 posts)from people on Medicare that some tests and minor procedures which had been previously covered, this year have not been covered. I don't know if this is becoming common or not.
SleeplessinSoCal
(10,368 posts)... is a Democrat. And therefore?
JohnnyRingo
(20,470 posts)Too late, I'm there.
Medicare pays my dialysis at nearly nearly $30,000 a month. How much will they cover next year? Under Medicare Advantage I would have to pay part of that and that's just what they're pushing us to.
Eliquis blood thinner has a $400/month copay, but I guess I've had it too good according to the fucking republicans. It's ironic that I almost have to sell my blood to not have a stroke.
But now Bezos knows he can extend his honeymoon on my dime.