And the sad thing is that Obama WILL. Submission is victory, somehow, in his book.

More people will end up uninsured under this scenario: From Center on Budget and Policy Priorities study.
Many Who Lost Medicare Coverage Would End Up Uninsured

The Kaiser study assumes for the sake of simplicity that everyone who would lose Medicare coverage would obtain health insurance coverage elsewhere. Under this assumption, Kaiser estimates that 42 percent of 65- and 66-year-olds would obtain coverage from employer-sponsored plans (either as retirees or active workers), 38 percent would enroll in the new health insurance exchanges, and 20 percent would become covered under Medicaid.
In reality, however, many of these 65- and 66-year-olds are likely to end up uninsured. Some of those eligible for premium credits in the exchanges would not enroll because they would regard the required premium contribution as too high; people with incomes between 300 and 400 percent of the poverty level (about $34,500 to $46,000 for an individual in 2014) will have to pay 9.5 percent of their income — $3,300 to $4,400 — for exchange coverage. Even some of those eligible for more generous premium credits or for Medicaid would likely fail to obtain coverage; participation in means-tested programs like Medicaid falls far short of that in social insurance programs like Medicare, in part because of the difficulties navigating the application process.
In addition, many 65- and 66-year-olds who would be ineligible for Medicaid or premium credits because their incomes exceeded $46,000 would find unsubsidized coverage in the exchange to be out of reach. According to Kaiser, half of 65- and 66-year-olds who would have to rely on the exchange would have incomes too high for premium credits. Because exchange plans could charge the oldest workers three times as much as the youngest, unsubsidized premiums could reach $10,000 to $12,000 (in 2014 terms) for 65- and 66-year-old individuals and twice that for couples. [3

]

From HERE:
http://www.cbpp.org/cms/?fa=view&id=3564

Where in the constitution is the article about not having to honor the commitments the congress made ?

They have the power to tax and spend but not withhold payment already approved .

The constitution requires the president to ignore and veto any debt ceiling bill. Take the republicans to the cliff’s edge then throw them over.

Because we consider Mr. Graham’s suggestion to be acting in cowardice. Yes.

It is cowardice to make cuts which hurt minorities, the less educated, the low-income, the debt burdened, the vulnerable, the poor, the elderly….in order to help keep Mr. Graham’s tax bill low.

Check this out. Medicare changes affect minorities.

“Man up”: totally the kind of macho talk that sounds credible on Linds.

Lindsey Graham needs to ‘man up’ period.
What an A–H—-.

Nearly feel off my chair laughing at the headline. Miss Lindsey is a joke and a buffoon.

It takes a real “man” to force Grandma and Grandpa to suffer so we can continue to afford bailouts for bad investments and wars for oil profits. Contemptible bastard.

Newspeak strikes again. Orwell was a genius.

Lindsay would make a great Prissident.

LOL

Ahh yes, Lindsey the Tough wants to hurt our citizens. He has no idea that neither SS or Medicare can ever become insolvent. They are funded by the federal government. They don’t need no stinking trust fund. So he just wants to hurt people.

THE MAN with no wife or children,calls a man with living wife and children SMALL BALLED….only in MERIKA

SS and Medicare are solvent.
According to the Social Security Administration –
Social security is solvent until 2036:

Social Security expenditures exceeded the program’s non-interest income in 2010 for the first time since 1983. The $49 billion deficit last year (excluding interest income) and $46 billion projected deficit in 2011 are in large part due to the weakened economy and to downward income adjustments that correct for excess payroll tax revenue credited to the trust funds in earlier years. This deficit is expected to shrink to about $20 billion for years 2012-2014 as the economy strengthens. After 2014, cash deficits are expected to grow rapidly as the number of beneficiaries continues to grow at a substantially faster rate than the number of covered workers. Through 2022, the annual cash deficits will be made up by redeeming trust fund assets from the General Fund of the Treasury. Because these redemptions will be less than interest earnings, trust fund balances will continue to grow. After 2022, trust fund assets will be redeemed in amounts that exceed interest earnings until trust fund reserves are exhausted in 2036, one year earlier than was projected last year.

Medicare until 2024:

The projected 75-year actuarial deficit in the HI Trust Fund is 0.79 percent of taxable payroll, up from 0.66 percent projected in last year’s report. The HI fund fails the test of short-range financial adequacy, as projected assets drop below one year’s projected expenditures early in 2011. The fund also continues to fail the long-range test of close actuarial balance. Medicare’s HI Trust Fund is expected to pay out more in hospital benefits and other expenditures than it receives in income in all future years. The projected date of HI Trust Fund exhaustion is 2024, five years earlier than estimated in last year’s report, at which time dedicated revenues would be sufficient to pay 90 percent of HI costs.

http://www.ssa.gov/oact/TRSUM/…

be nice, if any of the PTB cared…sigh

SS and Medicare are funded by the federal government. It does not need a trust fund, never did never will. The federal gov can never become insolvent.Period, end of story.

That’s what they do: hurt people.

fiat money
the only game in town…period the end
they print what they want to print…period

or kill people

Yes, that is the truth. Not much more to say.

I have quarrels with Obama on several levels.

I find Lindsey Graham a repulsive and loathsome individual I would barely call fit to suck oxygen.

These guys who want to cut our safety nets are morally corrupt. They use the big lie that somehow a country,that issues it’s own currency can become insolvent. Call it for what it is ; a fucking lie. And those who propagate the untruth that we must cut entitlements are morally corrupt. They want to harm us. They deserve no respect from us. None.

Enough with this debt limit. These evil fucks want to use it to take our rights away and make us a third world country. I agree Lindsey the Tough. It is time to man up. Fuck you and your blackmail. If we go down, you go with us.

What I don’t understand is why groups like Move On are not putting out to the public all of the benefits and pay that these assholes in Washington get while they work to cut the few morsels that they throw to us. Their pay, pensions. staff budgets, all the perks that come with that job..why is it not made public over and over again. Americans really do not know what they pay these people to do. A massive campaign making the public aware would rally this country and you would see many of those pricks get busted in the next election.

Did I hear someone mention Google’s, Microsoft, and many other hi-tech firms not paying tax via their offshore tax havens? And how about that Romney guy who pays lower rate than most people in poverty!

If Graham is so worried over Gov’t run Health care then let him hand over his own solid friggin Gold taxpayer paid for policy and lower the taxpayers bill a bit. Won’t do it? Just as I thought another Congressional hypocrite. Hey, Lindsey STFU dude or better yet put your money where your mouth is dickwad.

Really surprised at the disgusting use of all the old insulting anti-gay stereotypes on FDL of all places. Yeah Graham is a shithead but his sexual orientation does not deserve this treatment.

Obama needs to “Democrat UP.” It would solve a whole lot of his problems.

Like what principles people, his voters, think he should stand for as a Democrat.

Your right…I raised an eyebrow in surprise. However when people get so worked up they get rattled and say things they don’t mean.

When Lindsey Graham tells you to ‘man up,’ isn’t it sexual harassment?

I hope this helps Obama realize he must simply ignore the debt limit, mint a trillion dollar coin, and proceed apace. There’s no way it’s constitutional, and the Congress cannot be permitted to act treasonously, which they are when they deny the executive the funds they have appropriated.

Time to get rid of this absurd fiction with the back of his hand.

It’s not his sexual orientation that FDL people are mocking, it’s his virulent homophobia and closetedness. The man works actively against his own people. He’s a walking lie.

I doubt I would see racist or sexist slurs used against a black or a woman in this manner no matter how they worked against ‘their own people’.

The joke is Graham’s invocation of Greece, when Republican policies are designed to bring about exactly that result.