Earlier this morning former President Bill Clinton called on his fellow Democrats to abandon their plan to “do nothing” on Medicare. President Clinton understands that the Democrats plan of inaction will end Medicare as we know it, by letting it go bankrupt.
Former President Clinton Tells Fellow Democrats Not To Let Medicare Go Bankrupt. “But, he added, ‘I am afraid that the Democrats will draw the conclusion … that we shouldn’t do anything. I completely disagree with that.’” (Erik Wasson, “Bill Clinton to Dems: Don’t Avoid Medicare Reforms After NY Win,” The Hill, 5/2511)
Medicare Trustee Report: Medicare To Go Bankrupt By 2024. “The annual checkup said that the Medicare hospital insurance fund will now be exhausted in 2024, five years earlier than last year’s estimate.” (“Bleaker Outlook For Social Security, Medicare,” The Associated Press, 5/13/11)
House Republicans have a plan to save Medicare and will secure this critical safety net for current and future generations. The Republican plan has even been praised by the Former Democrat Senator John Breaux, who President Clinton appointed chairman of his Medicare Commission. In the 1990’s. the Clinton Medicare Commission produced a plan that contained similar measures to the “Path to Prosperity.”
Former Chair Of President Clinton’s Medicare Commission Senator John Breaux (D-LA) Endorsed GOP Plan. “Former Sen. John Breaux, D-La., says he likes the controversial Republican proposal to change Medicare from a government-run program to ‘premium support’ in which government would help seniors and the disabled buy private health coverage. He ought to. Back in 1999, Breaux, joined by his young Medicare Commission staff director Bobby Jindal, recommended a similar system.” (Bruce Alpert, “Louisiana’s Republican Congressmen Sound Alarm Over Impending Medicare Shortfall,” The Times-Picayune, 5/19/11)