Thursday, September 3, 2009

Medicare Savings?

The president and members of Congress urging national health care/insurance reform state that hundreds of billions of dollars in Medicare savings will help finance the cost in extending health care coverage to tens of millions currently uninsured.

These statements imply that over the years Medicare administrators have failed in their responsibility to spend Medicare payroll tax revenue efficiently, resulting in waste, fraud, and abuse. They proponents of national health care promise that future Medicare administrators will change their ways.

Quoting President Reagan in translation, "trust but verify," to which I add, "I’m from Missouri, show me."

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