All cuts are jobs lost!

The way the trigger mechanism works if the committee of 12 recommendations do not become law protects the benefits of Medicare recipients but not the providers –doctors and pharma. They will be subject to a 2% cut in payments. That will have an impact on those that receive care, as there will be less offered.

Cutting or more accurately, changing the drug benefit of both Medicare and Medicaid would be a great thing. That could allow Medicare to negotiate drug prices and save hundreds of billions of dollars each year.

It really all comes down to who Reid and Pelosi appoint to this “super-congress.” If one supports cuts to these programs then that will be an indication that the bill will pass and get signed into law.

There are lots of programs that will be cut in any event. And as we are now in the double part of that double dip we are headed for an extremely deep recession.