Tag Archives: Medicare

by Dr. Marvin J. Folkertsma

Amidst the rhetorical pyrotechnics surrounding July’s debt-ceiling debates, another controversy streaked across the sky like a comet, flared for an instant, then receded into the maelstrom of ongoing partisan attacks. The shooting star in question involved an exchange between two of Congress’ most controversial members, Allen West (R-Fla.) and Debbie Wasserman Schultz (D-Fla.), whose regard for one another constitutes something of a congressional equivalent to how the Earps and Doc … Read the Rest of this Post

Posted in Floyd Reports, News Reports, Opinion | Tagged , , , | 4 Comments

by Susan Stamper Brown

If indeed the road to Hell is paved with good intentions, President Obama and his cohorts in the Democratic Party must be feeling the heat on their backsides after the House voted to pass the Cut, Cap and Balance (CCB) plan.

In response to the GOP’s proposal, it should come as no surprise that White House spokesman Jay Carney would use scare tactics to suggest that the CCB bill would impose … Read the Rest of this Post

Posted in Floyd Reports, News Reports, Opinion | Tagged , , , , , , , , , , , | 1 Comment

by John Goodman

While charges and counter-charges about Medicare are flying back and forth in Washington, hardly anyone seems to have noticed that Medicare’s financial problems have already been solved. They were solved by the health reform bill enacted last year, what some people call ObamaCare.

So why isn’t this front page news? Why aren’t people dancing in the street? Why isn’t the Obama administration boasting about this accomplishment far and wide? Probably because … Read the Rest of this Post

Posted in Floyd Reports, News Reports, Opinion | Tagged , , , , , | 3 Comments

by Dr. Mark W. Hendrickson

We older Americans have saddled our youth with a mind-boggling public debt—over $20 trillion already spent ($14.3 trillion of “official” national debt plus various off-budget expenditures, according to the U.S. Treasury); trillions more of projected deficit-spending over the coming decade; and tens of trillions of dollars of unfunded liabilities.

By the time today’s toddlers can vote, it is likely that both the Medicare and Social Security funds will be exhausted. … Read the Rest of this Post

Posted in Floyd Reports, News Reports, Opinion | Tagged , , , , , , , , | Leave a comment

by John Goodman

There were two recent announcements that I hope you paid attention to:

  • The American Medical Group Association, representing medical groups that provide care for roughly 1 in 3 Americans, said that 90% of its members would not participate in the new Accountable Care Organization (ACO) model the Obama administration wants to impose on Medicare providers.
  • Secretary of Health and Human Services Kathleen Sebelius, exercising new powers conferred upon her by health reform
  • Read the Rest of this Post

Posted in Floyd Reports, News Reports, Opinion | Tagged , , , , , , , , , , , , , , , , , | 2 Comments

by Dr. Mark W. Hendrickson

The trustees of the Medicare system recently reported that the program will go broke in the year 2024—five years sooner than was projected just last year.

The millions of Americans who have been counting on Medicare to be a reliable, stable guarantor of affordable health care in their senior years should be asking themselves, “Who is responsible for this predicament?” The short answer is “lots of people,” but let’s start … Read the Rest of this Post

Posted in Floyd Reports, News Reports, Opinion | Tagged , , , , , | Leave a comment

by Michael Reagan

There is a struggle now being waged in Washington, the outcome of which will determine whether the nation’s economy will grow or continue to falter.

The main combatants are President Barack Obama and a thoughtful member of Congress from the nation’s heartland, Rep. Paul Ryan, R-WI.

One of them, the president, represents the theory that government needs to regulate every facet of the economy. The other, Rep. Ryan, champions the … Read the Rest of this Post

Posted in Floyd Reports, News Reports, Opinion | Tagged , , , , , , , , , | Leave a comment

by Dr. Mark W. Hendrickson

Question for those of you concerned about the size of federal debts and deficits: Would you endorse a plan which would add another five or six trillion dollars to the federal debt over the next decade while increasing Uncle Sam’s annual expenditures by $1.1 trillion? If so, you’re in luck. House Budget Committee Chairman Paul Ryan, R-WI, recently unveiled just such a plan.

Naturally, Democrats immediately denounced Ryan’s plan … Read the Rest of this Post

Posted in Floyd Reports, News Reports, Opinion | Tagged , , , , , , , | 1 Comment

by Ben Johnson

As the nation digests Barack Obama’s plan to ride a tax hike to re-election, one phrase from yesterday’s budget speech confirms what this author has long stated: the president is fundamentally an anti-American Messianic figure who believes he was sent to save our nation from itself and its Founders. Speaking a line that was written in advance, approved by multiple layers of handlers and advisers, and spoken with relish, the president … Read the Rest of this Post

Posted in Floyd Reports, News Reports, Opinion | Tagged , , , , , , , , , , , , , , , , , , , | 6 Comments

by Dr. Marvin J. Folkertsma

The budget deficits from the first two years of the Obama administration are of sufficient magnitude to spring Dr. “Billions and Billions” Carl Sagan from his grave. Sagan could sue for copyright infringement for misuse of astronomical numbers.

On second thought, the figures now being bandied about are in the trillions, which no doubt would send the venerable atheist skulking back, perhaps muttering something about the “unsustainability” of it … Read the Rest of this Post

Posted in Floyd Reports, News Reports, Opinion | Tagged , , , , , , , , , , , , , , , | Leave a comment