The House Rules Committee debated the reconciliation bill this weekend. Rep. Paul Ryan touted his budget proposals to Rep. Louise Slaughter and after
The House Rules Committee debated the reconciliation bill this weekend. Rep. Paul Ryan touted his budget proposals to Rep. Louise Slaughter and after filibustering the meeting for some time she finally got Rep. Xavier Becerra to put a fine line on just what Ryan would like to do with Medicare, and that is privatize it and have vouchers replace the system we have now.
Ezra Klein has more on what Ryan would like to do with Medicare. Ryan had a whole lot of double speak to offer when questioned about whether he wants to privatize it or not during this meeting.
I'm looking forward to Ryan and the rest of the GOP defending him wanting to privatize Medicare and Social Security if they think that's a winning issue. I don't think seniors will be so thrilled if they actually get a good look at what they're proposing.
The White House's 2011 budget is only the second-most interesting budget proposal released recently. First prize goes to Congressman Paul Ryan, the ranking Republican on the House Budget Committee, who's released a budget proposal that actually erases the massive long-term deficit. [...]
But Ryan's budget -- and the details of its CBO score -- is also an object lesson in why so few politicians are willing to answer the question "but how will you save all that money?" [...]
That's a bit of a slog, so here's the translation: The proposal would shift risk from the federal government to seniors themselves. The money seniors would get to buy their own policies would grow more slowly than their health-care costs, and more slowly than their expected Medicare benefits, which means that they'd need to either cut back on how comprehensive their insurance is or how much health-care they purchase. Exacerbating the situation -- and this is important -- Medicare currently pays providers less and works more efficiently than private insurers, so seniors trying to purchase a plan equivalent to Medicare would pay more for it on the private market.
Love him or hate him, there's one thing I think everyone can agree on when it comes to former President Bill Clinton and that is the fact that the man knows how to give a speech and his long, but extremely informative speech tonight at the 2012 Read more...
Congressman Paul Ryan likes to talk a good game, as he did during this speech at the Wisconsin Faith and Freedom Coalition this weekend, where he decries the evils of reliance on government and talks about how he pulled himself up by his own Read more...
Meet Lawrence A. Hunter, the executive director of the Alliance for Retirement Prosperity, senior fellow at the Americans for Prosperity Foundation (AFP) and the Institute for Policy Innovation (IPI). He might sound more familiar to you as the Read more...