Krugman: I Hope This Isn’t True

[red dog 1]

14. Krugman is right...."It's Health Care Costs, Stupid"

Too bad Krugman isn't part of the White House Fiscal Cliff Negotiations Team.

Meanwhile, Krugman also is right on the money (literally) as far as how much would be saved if the Medicare eligibility age is raised, as opposed to how much money would be raised by tax hikes.
"So I thought I'd look at the dollars and cents.-- and even I am somewhat shocked.
Those tax hikes would raise $1.6 trillion over the next decade, according to the CBO,
raising the Medicare age would save $113 billion in federal funds over the next decade."
http://krugman.blogs.nytimes.com/2012/12/01/what-defines-a-serious-debt-proposal/


Would raising the cutoff point to $500,000 draw enough House Republicans over to the Democratic side?

WARREN BUFFETT'S $250k DIFFERENCE OF OPINION WITH OBAMA
"Warren Buffett says he supports President Barack Obama's efforts to eliminate the Bush-era tax cuts for wealthy Americans, but he disagrees on where to draw the line.
In an op-ed piece in the New York Times...Buffet writes that the cutoff should be
maybe $500,000 or so."
http://www.nbcnews.com/business/warren-buffetts-250k-difference-opinion-obama-1C7206891/