Raising the eligibility age to 67 would increase costs for seniors and employers by $8.2 billion.
President Obama needs to hang tough on letting Bush-era tax cuts expire for the wealthiest Americans in “fiscal cliff” negotiations with House Republicans. And he needs to put the brakes on another GOP proposal that would undermine the nation’s faltering middle class: raising the age of eligibility for Medicare.
Yes, both sides must compromise to begin to tame a budget deficit growing out of control, fueled in large part by rising health care costs. But any deal must be based on sound fiscal and public policy.