Speaking of Shock and Awe, I wonder if the Tea Party types realize that by voting for Trump and his GOP buddies, they are about to get their wish fulfilled, and get government hands off of their Medicare. Because Medicare will cease to exist as soon as Trump takes office. Oopsie…
BRET BAIER: Your solution has always been to put things together including entitlement reform. That is Paul Ryan’s plan. That’s not Donald Trump’s plan.
PAUL RYAN: Well, you have to remember, when Obamacare became Obamacare, Obamacare rewrote medicare, rewrote medicaid. If you are going to repeal and replace Obamacare, you have to address those issues as well. What a lot of folks don’t realize is this 21-person board called the ipap is about to kick in with price controls on Medicare. What people don’t realize is because of Obamacare, medicare is going broke, medicare is going to have price controls because of Obamacare, medicaid is in fiscal straits. You have to deal with those issues if you are going to repeal and replace obamacare. Medicare has serious problems [because of] Obamacare. Those are part of our plan.
First, Ryan claims that Obamacare has put Medicare under deeper financial stress. Precisely the opposite is true. And it’s so straightforward Ryan unquestionably knows this. The Affordable Care Act actually extended Medicare’s solvency by more than a decade. Ryan’s claim is flat out false.
Second, I’ve heard a few people say that it’s not 100% clear here that Ryan is calling for Medicare Phase Out. It is 100% clear. Ryan has a standard, openly enunciated position in favor of Medicare Phase Out. It’s on his website. It’s explained explicitly right there.
Ryan says current beneficiaries will be allowed to keep their Medicare. Says. But after the cord is cut between current and future beneficiaries, everything is fair game. For those entering the system, Ryan proposes phasing out Medicare and replacing it private insurance with subsidies to help seniors afford the private insurance. That is unquestionably what it means because that is what Ryan says. So if you’re nearing retirement and looking forward to going on Medicare, good luck. You’re going to get private insurance but you’ll get some subsidies from the government to pay the bill.
(click here to continue reading Ryan Plans to Phase Out Medicare in 2017.)
Nah, probably not. Many don’t seem to be particularly well-informed.