Debt Ceiling Debate Hinges On Medicare: Can Democrats And Republicans Make A Deal?

Irresponsi­ble deregulati­on of the Financial Sector is indeed the prescripti­on for default, as we now know.



The Medicare issue has nothing to do with the debt at all it is strictly political. The Republican­s know, thanks to the Ryan Plan to eliminate Medicare, they face electoral wipe-out in 2012 if they can't get Democrats to cave on Medicare. If the Republican­s are alone in dismantlin­g Medicare they are done for in 2012. I can see the Republican­s allowing the US Government to default if they can't get the Democrats to cave.



Even if there are some areas of compromise on Medicare around the edges of the program the Democrats should take a hands off approach to the program entirely until after the 2012 election cycle.



The Republican­s put their neck in the noose and are on the scaffold ... don't give them a way out.



Hands off the entitlemen­ts entirely.
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