Quote of the Day: Obama’s Plan to Ruin Medicare

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From Michele Bachmann, explaining President Obama’s plan to kill off Medicare:

I think very likely what the president intends is that Medicare will go broke and ultimately that answer will be Obamacare for senior citizens.

Well, that would certainly explain why Obama pushed so hard for a healthcare reform bill that, according to Medicare’s actuaries, had the following effect: “The financial status of the HI trust fund is substantially improved by the lower expenditures and additional tax revenues instituted by the affordable Care Act. These changes are estimated to postpone the exhaustion of HI trust fund assets from 2017 under the prior law to 2029 under current law.

The fiend!

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WE'LL BE BLUNT

We need to start raising significantly more in donations from our online community of readers, especially from those who read Mother Jones regularly but have never decided to pitch in because you figured others always will. We also need long-time and new donors, everyone, to keep showing up for us.

In "It's Not a Crisis. This Is the New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, how brutal it is to sustain quality journalism right now, what makes Mother Jones different than most of the news out there, and why support from readers is the only thing that keeps us going. Despite the challenges, we're optimistic we can increase the share of online readers who decide to donate—starting with hitting an ambitious $300,000 goal in just three weeks to make sure we can finish our fiscal year break-even in the coming months.

Please learn more about how Mother Jones works and our 47-year history of doing nonprofit journalism that you don't elsewhere—and help us do it with a donation if you can. We've already cut expenses and hitting our online goal is critical right now.

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