Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
Unthreaded | Threaded | Whole Thread (3) |
Post New
Author: PucksFool ⎊🐝  😊 😞
Number: of 48453 
Subject: Remember when they said ...
Date: 04/01/2025 8:10 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 9
... they wouldn't come after your Medicare?

They lied.

https://www.newsweek.com/republican-explains-how-m...
Print the post


Author: UpNorthJoe ✭🐝  😊 😞
Number: of 48453 
Subject: Re: Remember when they said ...
Date: 04/01/2025 8:56 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 7
from the link:
"Senator Bill Cassidy of Louisiana told CNBC Tuesday that the cuts to Medicaid and Medicare under the proposed Republican budget wouldn't apply to benefits but would instead target the administration of them"

----------------------------------------------------

MAGA expects Americans to believe that they can find $800 Billion in ADMINISTRATIVE
CUTS, what an absolute LIE.

Thanks a lot, Trump voters. We will all feel this one, but I especially hope you all
feel it, good and hard. Trump will be telling y'all right up to the last second that
he won't touch it. And then they'll slash and burn.
Print the post


Author: ptheland ✭  😊 😞
Number: of 15061 
Subject: Re: Remember when they said ...
Date: 04/01/2025 8:58 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 8
Cut $880 billion over 10 years without cutting benefits? Can’t be done.

Combined, they cost about $2 trillion a year. So $20 trillion over 10 years. So they’re looking to save about 4.4% of the current budget for the two programs.

But Medicare overhead is just under 2% of their spending, and Medicaid’s overhead is 4%.

The math simply doesn’t work.

Arguably, you might be able to get Medicaid overhead down to the 2% of Medicare. But that’s only 1/4 of the target savings at best.

Negotiating drug prices could be another source of savings. But will the MAGA crowd in Congress go for that?

—Peter
Print the post


Post New
Unthreaded | Threaded | Whole Thread (3) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds