While it seems insurmountable, the task facing the Joint Committee on Deficit Reduction shouldn’t hinder necessary reforms to Medicare. On the contrary, the current debate presents a window to implement significant changes that produce huge financial savings.
The easiest path forward typically isn’t the best one, especially with seniors willing to make Medicare a vote-driving issue. For a divided Congress facing a tense electorate, the opportunity to act is very real. Prioritizing waste, fraud and abuse will show that Washington understands this.
Former Sen. John Breaux (D-La.) is senior counsel for Patton Boggs LLP.
Hillary Rodham Clinton, center, along with former Secretary of State Madeleine Albright, right, and Annette Tilleman-Dick, left, wife for former Rep. Tom Lanots, D-Calif. Clinton was honored with the Tom Lantos Human Rights Prize during a ceremony last week at the Cannon House Office Building. Previous winners include the Dalai Lama and Elie Wiesel.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.