Two headlines from today’s news.
From the AP:
Borrowers exit troubled Obama mortgage program
WASHINGTON – The Obama administration’s flagship effort to help people in danger of losing their homes is falling flat.
But the punch lines come from the reasons stated:
Treasury officials now require banks to collect two recent pay stubs at the start of the process. Borrowers have to give the Internal Revenue Service permission to provide their most recent tax returns to lenders.
Requiring homeowners to provide documentation of income has turned people away from enrolling in the program. Around 30,000 homeowners started the program in May. That’s a sharp turnaround from last summer when more than 100,000 borrowers signed up each month.
Yeah, imagine that! People should actually be able to show that they can afford the loans they commit themselves to! This must be an evil vast Right wing plot against low or no income people!
How about this from USA Today:
Doctors limit new Medicare patients
WASHINGTON — The number of doctors refusing new Medicare patients because of low government payment rates is setting a new high, just six months before millions of Baby Boomers begin enrolling in the government health care program.
But you have to love this quote from a Politico story about the Doc fix spat:
“This is no way to run a major health coverage program – already the instability caused by repeated short-term delays is taking its toll,” said AMA president Cecil B. Wilson. “Congress has finally taken its game of brinkmanship too far, as the steep 21 percent cut is now in effect and physicians will be forced to make difficult practice changes to keep their practice doors open.”
Ah, yeah. That’s the same AMA that vigorously supported both the House and Senate versions of Placebocare, the final version accomplishing a “balance budget” by eliminating the perpetual doc fix!
Or this:
“I have never seen physicians more frustrated with the cuts and cynical about Congress’ willingness or ability to do the right thing for patient access,” said Bob Doherty, a senior vice president at the American College of Physicians. A short-term repair “will confirm the growing sentiment among doctors and seniors that Medicare is an unreliable and unstable partner that can’t be counted on to pay its bills, and more of them accordingly will limit how many Medicare patients and seniors they can afford to see.”
