If anyone doubted President Joe Biden’s commitment to running for re-election next year, they need only examine his administration’s “plan” for extending Medicare’s solvency, published in advance of Thursday’s budget release. Rather than taking a serious approach to solving Medicare’s funding difficulties, the plan instead engages in political gamesmanship over the health care of millions of seniors. But an administration that wants to play games over Medicare should be careful what it wishes for because Republicans have ammunition to respond in kind.
The plan fails serious policy tests on several fronts. First, by relying largely on revenue to close shortfalls in Medicare’s Hospital Insurance Trust Fund, it ignores the program’s structural imbalances. None other than President Barack Obama said in 2011 that “if you look
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