In today’s Wall Street Journal, Betsy McCaughey writes:
The Congressional majority wants to pay for its $1 trillion to $1.6 trillion health bills with new taxes and a $500 billion cut to Medicare. This cut will come just as baby boomers turn 65 and increase Medicare enrollment by 30%. Less money and more patients will necessitate rationing.
You would think that AARP would be up in arms. Nope. As Barack Obama proudly pointed out last night, AARP supports his plan.
What Obama didn’t say is that AARP receives millions in federal funds, and hopes to get even more by becoming a vendor under his plan. In January 2007, NLPC published Special Report documenting taxpayer support for AARP. The study found that federal funding accounted for $83 million, or about 10 percent, of AARP’s then-annual revenue of $878 million.