The Cutting Edge

“Where are the President’s spending cuts?” asked House Speaker John Boehner on the House floor Tuesday in response to the President’s plan to handle the fiscal cliff.  Former RNC Chairman Michael Steele further explained House Speaker Boehner’s questioning:  “As the Speaker said today, we’re still waiting for the White House to identify what spending cuts the President is willing to make as part of the ‘balanced approach’ he promised to the American people.  The longer the White House slow-walks this process, the closer our economy gets to the fiscal cliff.”  That sounds serious.  It’s a good thing the proposed cuts were explained in detail… last February.

Michael Steele In February 2012, the White House revealed their 2013 budget that includes the $340 billion dollars of savings resulting from cuts to healthcare programs.

Here is the information that seemingly no Republican representative can find:

  • Medicaid Drug Rebates for Part D – 42%
  • Post-Acute Care Payments – 17%
  • Bad Debt – 10%
  • Income Related Premiums – 8%
  • Medicaid Provider Tax – 6%
  • Blended Medicaid/ChiP Rate – 5%
  • Medical Ed – 3%
  • Pay-For-Delay – 3%
  • DSH – 2%
  • DME – 1%
  • Rural Docs – 1%
  • Generic Biologics – 1%
  • Premium B Medigap – 1%
  • Increase Part B Deductible – 1%
  • Waste/Fraud – 1%

I like Michael Steele, but what the fuck is he talking about?  The specifics of the President’s proposed cuts have been in the public domain since February 13th, 2012.  The tax plan to protect 98% of American citizens from a tax increase has been passed by the Senate since July 25, 2012.

White House 2013 Budget

Get your shit together, Republicans.

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