Budget Office Rebuts Democratic Claims on Medicare

Budget Office Rebuts Democratic Claims on Medicare
"The Congressional Budget Office challenged claims by health-care overhaul proponents that Medicare savings in Senate legislation would help finance expanded coverage and postpone the bankruptcy of the medical program for the elderly.
The nonpartisan agency said the $246 billion it projected the legislation would save Medicare can’t both finance new programs and help pay future expenses for elderly covered under the federal program.
Nor could those savings be used to extend the solvency of Medicare, set to run out of money in 2017, the budget office said"