President Obama: “When you look at the evidence it’s not clear that it actually saves a lot of money. But what I’ve said is let’s look at every avenue, because what is true is we need to strengthen Social Security, we need to strengthen Medicare for future generations, the current path is not sustainable because we’ve got an aging population and health care costs are shooting up so quickly.” [from an interview with ABC News' Barbara Walters which aired Tuesday night.]
Nancy Pelosi: “On paper, it appears to save money for the federal government. In practice, it simply shifts the cost of health care to newly uninsured 65- and 66-year-olds, forcing them to pay more for their care out of their own pockets. It makes older Medicare beneficiaries pay higher premiums.” [from a USA Today op-ed published on Tuesday.]
Sounds like a “no” to me.