Senator John Barrasso was my guest yesterday, and the transcript is here. One of the Senate’s medical doctors, Barrasso keeps a close and informed eye on the rollout of Obamacare and has a sharp assessment of the river of waivers rolling out of Obamaland. He also knows the score on Medicare, which he summarized here:
HH: Now in terms of the Medicare debate as well, obviously in the last couple of days, we had Newt Gingrich and Paul Ryan shooting at each other, not good for any kind of Medicare reform. What’s your opinion on that, John Barrasso?
JB: Well, you know, I’m not going to endorse or criticize any of the candidates running for president or my side of the aisle. I will tell you that Paul Ryan has come up with a responsible approach to a significant problem. We’ve learned Friday from the Medicare actuaries that Medicare is going to be broke, actually bankrupt, in about 13 years. They’re spending more, more’s going out this year than is coming in, it is unsustainable, it’s…and this is going to break the bank of the country. You know, when they set up Medicare in 1965, men, average life expectancy was in the mid-60s, women in the early 70s. Now, men are living to the late 70s, and women to the early 80s. So at the same time they set this up in 1965, all of us baby boomers, we were teenagers, so that the number crunch has come. I think about four million Americans a year are being added to the Medicare rolls. You know the worst of this? President Obama, when he forced through this health care law? Took $500 billion dollars away from our seniors on Medicare.