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The legislation you describe will not reduce benefits for any individual worker.
But states could reduce benefits or payments to health care providers.
And their response if Obama won't reduce benefits to the two most popular government programs?
Congress could reduce benefits, increase beneficiary premiums or raise payroll taxes.
But if prices dropped further after 2015, this could further reduce benefits.
Using a 7percentt discount rate would reduce benefits by an additional 2percentt.
So, if the purpose is to reduce benefits for upper-income recipients, that's already being done.
The typical approach is to reduce benefits for public employees hired in the future.
We do not have to reduce benefits or raise the age of eligibility to save Medicare.
Another is to reduce benefits and allowances for postings to some places.
It can redirect funding from other state functions, it can raise taxes, or it can reduce benefits for the poor.
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