New Study on Raising Medicare Eligibility Age

A new study by the Congressional Budget Office showsincreasing the age of Medicare eligibility would hardly lower entitlementspending.

The study dramatically reduced the projection of deficitsavings if the eligibility age were to be raised to 67.  This new projection provides even lessincentive to institute this already politically risky option.

Last year, the nonpartisan CBO projected $113 billion insavings over ten years.  This newestimate predicts the federal budget deficit would be reduced by just $19billion.

See BrettLogiurato, The CBO Just Shredded the Ideaof Raising the Medicare Eligibility Age, Business Insider, Oct. 25, 2013.