Medicare needs to be reformed if for no other reason than to help future generations of retirees. The nuances and implications of Ryan's program will become part of Democrat election attacks. But somehow a serious discussion has to take place. Medicare and social security are going broke.
According to FactCheck.org, “Democrats are still hammering an old, and
since replaced, GOP proposal, claiming it would ‘end Medicare,’ and cost seniors
$6,000 more a year for their health care.”
In 2005 Obama called for serious Medicare reform, but Democrats have not done anything to reform it or social security.
Erskine Bowles, a Clinton advisor, calls Ryan's plan "sensible, honest, serious." Surely there is some way for Republicans and Democrats can come together on this issue with demagoguery. And more here on Bowles' comments that Obama scutlted the deficit commission.
Ryan's words: “They turned Medicare into a piggy bank to finance ObamaCare,” Ryan said. “And we want to point that out. And we want to … restore those cuts to prevent that raid. … And so we propose no changes to anybody in or near retirement so that the guarantee of Medicare is for them. That's a clear contrast with President Obama's plan.”
From CNN.
Forbes: As to the supposedly draconian nature of Mitt Romney’s Medicare cuts, they’re only exceeded by the severity of the Medicare cuts in…Obamacare. According to the latest estimates from the Congressional Budget Office, Obamacare will reduce Medicare spending by $716 billion between 2013 and 2022, relative to prior law. These cuts directly affect current retirees. By contrast, both the Romney and Wyden-Ryan plans only affect retirees younger than 55. In other words, for better or worse, President Obama cuts Medicare more than Romney would.
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