No free pass for Medicare recipients in debt talks

By: Associated Press Email
By: Associated Press Email

Experts and lawmakers say people on Medicare are likely to feel the pain in a debt-busting deal like the one that President Barack Obama and House Speaker John Boehner are
seeking.

Higher copayments are one possibility.

Low-income people on Medicaid may not be spared.

If the deal ends up involving a tax overhaul, workers and their families could face potential limits on the tax-free status of job-based health insurance.

Obama has scheduled a Sunday meeting with congressional leaders to discuss the debt impasse. The president wants a compromise that would reduce future deficits in exchange for lifting the $14.3 trillion cap on the national debt.

Action is needed so the government can keep paying its bills beyond Aug. 2


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