Trustees Deny Urging Massive Medicare Cuts
WASHINGTON — Four government trustees of the Medicare system told a hearing called by Senate Democrats on Thursday that they had never recommended cutting $270 billion from Medicare growth to address solvency problems, as Republicans have proposed in their budget plan.
“The trustees have reported that it would take $89 billion, not $270 billion, to keep the hospital insurance, or Part A, trust fund solvent for another 10 years,” said Social Security Commissioner Shirley Sears Chater.
Republicans have used a trustee report as ammunition for their plan to squeeze the savings from the health program.
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