April 19, 2011
-- by Dave Johnson
Last week Republicans voted to end Medicare. The press isn't reporting this. It doesn't become without a series of votes to come and the president won't sign it, but is their budget proposal.
Think Progress says it better than I can: MEDICARE -- Broken Contract
THE END OF MEDICARE, PERIOD: The GOP budget does not "reform" Medicare. It does not provide seniors with the same coverage Members of Congress receive. And it does not end Medicare "as we know it." The GOP budget ends Medicare, period. The centerpiece of the House Republicans’ plan is a proposal that repeals traditional Medicare and replaces it with a health insurance voucher that loses its value over time. Because the value of the Republicans’ privatized Medicare replacement does not keep up with the cost of health care, their plan will gradually phase out Medicare as its increasingly worthless vouchers will eventually only cover a very tiny fraction of the cost of a health insurance plan. Worse, as President Obama told the nation last week, the GOP budget immediately fritters away much of the savings from eliminating Medicare with hundreds of billions of dollars worth of tax cuts for the very wealthiest Americans. The rich get richer, and America's seniors are tossed out into the cold.
Posted by Dave Johnson at April 19, 2011 11:59 AM
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