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News Link • Government Debt & Financing

'Grand Bargain' Charade a Scheme to Protect Corporate Welfare

• http://www.commondreams.org, by Ralph Nader
 Congress is still talking about a “Grand Bargain” that “balances” far more spending cuts than tax increases. That is another way of saying that you – the consumer of Medicare and Medicaid services, the recipient of Social Security, and the average taxpayer will take the brunt of the spending cuts, while the wealthy get their income taxes restored, not raised, to their pre-Bush modest levels. Don’t buy it!
 
There are two ways to cut Medicare and Medicaid. The right wingers want to cut benefits. Consumers want to cut vendor fraud, the overcharging and the immense over-diagnosis, over-treatment and erroneous or unnecessary procedures and prescriptions documented so often by, among others, the Dartmouth Institute for Health Policy and Clinical Practice, Johns Hopkins University School of Medicine and the Harvard School of Public Health.

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