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    • Week-end Wrap – Political Economy – July 25, 2021
      Week-end Wrap – Political Economy – July 25, 2021 by Tony Wikrent The Pandemic US sees COVID-19 cases surge by 224% in last three weeks as CDC director says the Indian ‘Delta’ variant now makes up 83% of all new infections [Daily Mail, via Naked Capitalism 7-21-2021] ‘I’m sorry, but it’s too late’: Alabama doctor on treating unvaccinated, dying COVID patient […]
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Nip and Tuck — No Biggie

If this is true it should be front page news. We have a right to know what is getting bargained away:

Ezra F*ckin Klein:

There will be a variety of nips and tucks to Medicare, including more cost-sharing and decreases in provider payments, and the headline Democratic concession is likely to be that the Medicare eligibility age rises from 65 to 67.

That’s not a policy I like much, but New York magazine’s Jonathan Chait accurately conveys the White House thinking here: They see it as having “weirdly disproportionate symbolic power,” as it’s not a huge (or smart) cut to Medicare benefits, and most of the pain will be blunted by the Affordable Care Act. But Republicans and self-styled deficit hawks see it as a big win. And Democratic House Minority Leader Nancy Pelosi, who staunchlyopposes raising the retirement age, has stopped well short of ruling it out.