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A new CBO report finds that raising the Medicare eligibility age to 67 would only save around $2 billion a year for the next ten years, but that is because it assumes that Medicaid and subsidies under the reform law would have to pick up much of the cost for the 65 and 66 year olds who couldn't enroll.  The real savings is actually over $60 billion in that period.  Raising both the social security and Medicare eligibility age is inevitable and the right thing to do, as life expectancies and ability to work have both grown significantly since enactment of the laws.