- #106
SixNein
Gold Member
- 122
- 20
Back to Paul Ryan...
Ryan's plan for the new medicare is to slowly kill it.
According to the cbpp
oh and
http://www.cbpp.org/cms/index.cfm?fa=view&id=3453
As far as his overall budget... Weisberg says...
http://www.slate.com/articles/news_and_politics/the_big_idea/2011/04/the_ryan_reaction.html
Ryan's plan for the new medicare is to slowly kill it.
According to the cbpp
The CBO report also reveals that the vouchers, or "defined contribution amounts," that Ryan would provide to seniors to buy coverage from private insurance companies in lieu of current Medicare coverage would be adjusted each year only by the general inflation rate. For more than 30 years, health care costs per beneficiary in the United States have been rising about two percentage points per year faster than GDP growth per capita. The Rivlin-Ryan plan of last fall would have provided vouchers that rise with GDP per capita plus one percentage point. But because they would be adjusted only for overall inflation, the vouchers under Ryan's new plan would rise about two percentage points per year less than the Rivlin-Ryan vouchers and about three percentage points per year less than the rate at which health care costs have been growing. Over time, the impact on beneficiaries would be huge, as CBO documents.
oh and
Moreover, CBO estimates that the total health care costs attributable to Medicare beneficiaries would be considerably higher under the private insurance plans they would purchase under the Ryan plan than under a continuation of traditional Medicare, because private plans have higher administrative expenses and higher payment rates for providers. Since the Ryan proposal would reduce the federal government's contribution for beneficiaries' health care costs even as it caused total costs to increase, beneficiaries' out-of-pocket spending would rise dramatically.
http://www.cbpp.org/cms/index.cfm?fa=view&id=3453
As far as his overall budget... Weisberg says...
His plan projects an absurd future, according to the Congressional Budget Office, in which all discretionary spending, now around 12 percent of GDP, shrinks to 3 percent of GDP by 2050. Defense spending alone was 4.7 percent of GDP in 2009. With numbers like that, Ryan is more an anarchist-libertarian than honest conservative.
http://www.slate.com/articles/news_and_politics/the_big_idea/2011/04/the_ryan_reaction.html
Last edited: