Obamacare Could Produce $100 Trillion Medicare Shortfall

Obamacare Could Produce $100 Trillion Medicare Shortfall.

Medicare — despite the administration’s rosy forecasts — is headed for a financial crisis, thanks largely to Obamacare, say healthcare experts John Goodman and Laurence Kotlikoff.

The problem?

As for Obamacare, “to pay for the expansion of health insurance for the young, the new health law calls for steep cuts in the growth of healthcare spending on the elderly,” Goodman and Kotlikoff write.

The say “draconian” cuts in payments to providers will have to be made.

Nothing to see here, move along…

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