"Undoing Obama Medicare cuts may backfire on Romney" at Boston.com
Undoing Obama Medicare cuts may backfire on Romney
By By RICARDO ALONSO-ZALDIVAR at Boston.com
http://www.boston.com/news/politics/2012/08/18/undoing-obama-medicare-cuts-may-backfire-romney/A3zYRzi1XzA3VM6fWj5uRL/story.html
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WASHINGTON (AP) GOP presidential candidate Mitt Romneys new promise to restore the Medicare cuts made by President Barack Obamas health care overhaul law could backfire if hes elected.
The reason: Obamas cuts also extended the life of Medicares giant trust fund. By repealing them, Romney would move the programs insolvency eight years closer, toward the end of what would be his first term in office.
Instead of running out of money in 2024, Medicares trust fund for inpatient care would go broke in 2016 without the cuts, according to estimates by the programs own experts.
That could leave a President Romney little political breathing room to execute his own Medicare plan. Outside experts say it could force deeper cuts, and sooner.
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