Is it possible that Democrats will squander the political advantage on Medicare that they just regained over Republicans?

At his weekly Capitol briefing with reporters Tuesday, House Minority Whip Steny Hoyer (D-MD) confirmed what aides in both parties have been telling reporters: Cuts to Medicare will be on the table in deficit and debt limit negotiations, led by Vice President Joe Biden.

After arguing that Democrats made significant headway toward extending Medicare's solvency with the health care law, Hoyer said, "Do I believe that there are other things we can do related to Medicare? The answer is I do. I'm not going to get into articulating each one, but my expectation is they will be under discussion by the Biden group."
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But there are any number of ways to cut Medicare spending without "fixing" the Medicare debt problem -- from means testing, to raising the retirement age, to reducing reimbursement rates, and so on. Not all of them constitute benefit cuts, but many of them do.

If a grand bargain on spending includes Medicare benefit cuts that both parties buy into, it will further expose the shambolic nature of the last two years' politics. But more to the point, it will blunt Democrats' ability to run against the House Republican vote to privatize, and, yes slash Medicare. And it will hurt Senate Democrats, many more of whom will be up for re-election in 2012 than will their Republicans colleagues. Their opponents won't have Paul Ryan's budget to answer for -- but they will have the Dems' vote for the deficit grand bargain, and the Medicare cuts therein. link