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Seniors Support Passing Ryan Budget in SenateJim Martin, “Seniors need real leadership in the Senate, not political games that have left us with over 1,100 days without a budget and Medicare on the brink of insolvency.”May 16, 2012 | Read more… Obamacare Pushing American Workers off Their Private Health Plans and into Government DependencyJim Martin: “Obama’s agenda is for the federal government to be everybody’s doctor.”(Alexandria, Virginia) – A new report released this afternoon by the House Ways and Means Committee states that the nation’s largest 71 employers stand to save hundreds of billions of dollars by dropping health care coverage for their employees and instead pay a $2,000 penalty per employee under the Obamacare employer mandate. The result would threaten the private health insurance of 10.2 million U.S. workers and send the cost of the health care law, already over $1 trillion, to stratospheric levels. May 1, 2012 | Read more… Obama Pits Seniors vs. Students in Debate Over College LoansJim Martin: “More cuts to Social Security and Medicare to boost your campaign is NOT acceptable, Mr. President.”(Alexandria, Virginia) – President Obama plans to once again raid the Social Security and Medicare trust funds, this time to help fund a proposal to extend a lower interest rate for student loans, a move largely seen as an election year gimmick to prop up his falling numbers with younger voters. The initiative would lower the interest rate of government-backed student loans from 6.8% to 3.4%, and cost approximately $6 billion. Said 60 Plus Chairman Jim Martin: April 26, 2012 | Read more… America Crack Open Your Piggy Banks – Obamacare Costs Revealed60 Plus’s Jim Martin: “Can the FTC investigate a President for serial false advertising?”
(Alexandria, Virginia) – Another promise from Obamacare bites the dust with the release of a new report that finds that the President’s health care law will add $340 billion to our nation’s deficit, which currently run at over $1 trillion per year. Authored by Charles Blahous, a former Bush Administration official appointed by President Obama to serve as a trustee for Medicare and Social Security, the 52-page report outlines how actual costs of Obamacare will add to our national debt, despite Obama’s promise that his health care law would lower deficits. April 10, 2012 | Read more… Obama Budget Unites Congress, Bi-partisan Vote Defeats it 414-060 Plus Jim Martin, “Will one Democrat willing to support his President please stand up?“(Alexandria, Virginia) — The U.S. House of Representatives cast several budget votes late yesterday, including the budget blueprint created by President Obama, who touted the plan during January’s State of the Union Address as “fair” and reflecting “tough choices.” This comes after last year’s U.S. Senate vote on President Obama’s budget, which went down to defeat 97-0. March 29, 2012 | Read more… Overcharge: Obamacare Pricetag Nearly Doubles to $1.76 TrillionJim Martin, “True cost in dollars and lives will never be known, and best if we don’t find out.“(Alexandria, Virginia) – 60 Plus Chairman Jim Martin, leader of the nation’s largest conservative seniors organization, responded to new cost estimates issued late yesterday from the Congressional Budget Office (CBO) projecting the 10-year price tag of Obamacare at $1.76 trillion, more than 82% above the $940 billion figure President Obama and Congressional Democrats forecast it would cost when signed into law: March 14, 2012 | Read more… Obama Fiddles as Social Security Goes BankruptBudget submitted by President will see SS in red for first time ever, by $2.6 billion in ten years.(Alexandria, Virginia) – The fiscal 2013 budget President Obama submitted to Congress yesterday adds another dubious distinction to its historic record of debt; a projection of Social Security going into the red for the first time in the program’s history. According to Obama’s budget blueprint, the Social Security trust fund will be depleted in 2022, and show $2.6 billion in debt, prompting a statement from 60 Plus Association Chairman Jim Martin, leader of the largest national conservative seniors advocacy organization: February 15, 2012 | Read more… |
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