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And how do you think we are going to continue to pay for Medicare? And Social Security for that matter?
According to a recent analysis by the Congressional Budget Office, tax rates would have to increase by 90% to pay for projected spending in Medicare and Social Security through 2050.
As the population ages, the study says, the lowest tax rate on individual income will need to jump from 10% to 19%, the tax rate on incomes in the current 25% bracket will have to soar to 47%, and the highest rate could jump from 35% to 66%. To meet the accelerating cost of entitlements, the top corporate income tax rate also will likely need to increase from 35% to 66%.
Can you say job killer!!!
Paul Ryan To Obama: Do Not Continue To "Mischaracterize" Medicare Plan
"I simply explained what our plan is, how it worked. It's been misdescribed by the president and many others, and so we simply described to him precisely what it is we've been proposing so that he hears from us how our proposal works so that in the future he won't mischaracterize it," Rep. Paul Ryan (R-Wis.) said after meeting with the president this morning.
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Paul Ryan To Obama: Do Not Continue To "Mischaracterize" Medicare Plan
"I simply explained what our plan is, how it worked. It's been misdescribed by the president and many others, and so we simply described to him precisely what it is we've been proposing so that he hears from us how our proposal works so that in the future he won't mischaracterize it," Rep. Paul Ryan (R-Wis.) said after meeting with the president this morning.
Click here for video
I saw the President tell an outright lie in front of the media and not one person ever called him on it.So lots of luck to Ryan.
The lie was the Arizona bill on immigration when the President said the law will allow officials to go up to people waiting on line to buy ice cream and pull them out of the line and demand to see papers proving they are in the country legally.
It was total bullshit and no one cared that he was lying.
And how do you think we are going to continue to pay for Medicare? And Social Security for that matter?
According to a recent analysis by the Congressional Budget Office, tax rates would have to increase by 90% to pay for projected spending in Medicare and Social Security through 2050.
As the population ages, the study says, the lowest tax rate on individual income will need to jump from 10% to 19%, the tax rate on incomes in the current 25% bracket will have to soar to 47%, and the highest rate could jump from 35% to 66%. To meet the accelerating cost of entitlements, the top corporate income tax rate also will likely need to increase from 35% to 66%.
Can you say job killer!!!
This is the mischaracterization.
Thanks Dumbfvck!
It ends Medicare. They might think that still callling it Medicare means otherwise, but it doesn't.
What cracks me up are all the working/middle class wingnuts on this forum supporting this killling of Medicare when they know darn well it would take a big bite out of their asses when they hit 65.
I say fine, make Medicare voluntary. You don't want it, great. You're out. Then when you're 65 you can take all that money you saved and go buy a private policy from a for-profit insurance company.
And while we're at it, to make you really happy, we'll repeal the Obama-care measures that required insurers to cover people with pre-existing conditions, since that is what you conservatives want, and,
we'll repeal the part about insurance companies not being able to drop you after you get sick. Since that's also what you conservatives want.
There. Happy? Have fun staying healthy out there in the 'free market'.
I'll take that deal, in a heart beat.
Paul Ryan To Obama: Do Not Continue To "Mischaracterize" Medicare Plan
"I simply explained what our plan is, how it worked. It's been misdescribed by the president and many others, and so we simply described to him precisely what it is we've been proposing so that he hears from us how our proposal works so that in the future he won't mischaracterize it," Rep. Paul Ryan (R-Wis.) said after meeting with the president this morning.
Click here for video
Ryan's medicare "plan", more like scheme, was doa. He needs to stop whining about it and get back to the drawing board.
whats the dem plan for saving entitlements, hc etc..?
The 'death panel' crowd complaining that THEIR plan is being mischaracterized.
lol, irony alert.
And how do you think we are going to continue to pay for Medicare? And Social Security for that matter?
According to a recent analysis by the Congressional Budget Office, tax rates would have to increase by 90% to pay for projected spending in Medicare and Social Security through 2050.
As the population ages, the study says, the lowest tax rate on individual income will need to jump from 10% to 19%, the tax rate on incomes in the current 25% bracket will have to soar to 47%, and the highest rate could jump from 35% to 66%. To meet the accelerating cost of entitlements, the top corporate income tax rate also will likely need to increase from 35% to 66%.
Can you say job killer!!!
Unless you bring down healthcare costs, it's a zero sum game anyway. So you cut Medicare benefits -
seniors will still get sick. Seniors will still need healthcare. Private insurers aren't any better equipped to provide affordable coverage than Medicare is.
Seniors will simply go broke trying to survive. Or go without healthcare. Or bankrupt their children trying to survive (the ones that will help their parents).
The fundamental problem with the Republican solution is that it isn't a solution.
If they replace it with a voucher system, you're only going to be able to get a voucher for 8,000. If you have serious health issues, you're kinda screwed.
By the way, a hospital stay costs around 1 to 2 thousand dollars per night. You may be able to stay for a week.
And if you're 52 and fall and break a hip? Get out the gun and have someone shoot you, because the new voucher program won't even begin to cover the costs.
And actually it gets worse!
Ryan's plan will use the Consumer Price Index (CPI) for any annual raises with the voucher system. The CPI uses total inflation, health care insurance has run 4-5 times higher than the annual inflation historically. As the Medicare eligible folks will be going to private insurers they'll see their percentage of their contribution grow annually, so every year they'll be paying more and more for their insurance. Most of these people use Social Security as a major source of their income, for many it's the sole source of their income. Social Security's annual increases are also based on the CPI. With this formula, more and more people will be seriously squezzed financially to the point they won't be able to afford the new Medicare.
Paul Ryan never addresses this and acts like his plan is the best solution but for whom? Not the person who's relying on Medicare. But the health care insurance companies will see a large boom in their business and profits and that's the bottom-line.
This is a brief and simple explanation of the GOP's plan for our senior's health care...
GOP Healthcare Plan
If they replace it with a voucher system, you're only going to be able to get a voucher for 8,000. If you have serious health issues, you're kinda screwed.
By the way, a hospital stay costs around 1 to 2 thousand dollars per night. You may be able to stay for a week.
And if you're 52 and fall and break a hip? Get out the gun and have someone shoot you, because the new voucher program won't even begin to cover the costs.
And actually it gets worse!
Ryan's plan will use the Consumer Price Index (CPI) for any annual raises with the voucher system. The CPI uses total inflation, health care insurance has run 4-5 times higher than the annual inflation historically. As the Medicare eligible folks will be going to private insurers they'll see their percentage of their contribution grow annually, so every year they'll be paying more and more for their insurance. Most of these people use Social Security as a major source of their income, for many it's the sole source of their income. Social Security's annual increases are also based on the CPI. With this formula, more and more people will be seriously squezzed financially to the point they won't be able to afford the new Medicare.
Paul Ryan never addresses this and acts like his plan is the best solution but for whom? Not the person who's relying on Medicare. But the health care insurance companies will see a large boom in their business and profits and that's the bottom-line.
Rather than link it to the CPI, they should link it to the average increase in CEO salaries for the healthcare sector. That should keep it solvent
For some reason I don't think the Repubs will for that 
This is a brief and simple explanation of the GOP's plan for our senior's health care...
GOP Healthcare Plan
Medicare cannot continue into the future as it is; that is impossible.
Even though it almost has to be foolhardy to go first, I respect the Republicans for being willing to put something on the table.
Where is the Democratic plan to save Medicare?
Why are they unable to do anything but snipe and attack?
My own thought on that is that they prefer to have the issue, owing to the fact that they have the lamestream media in their pocket to join them in attacking the only plan anyone has yet come up with.
EDIT: Meanwhile what is our "fourth estate" Lamestream media hyping for the public's attention: Congressman Weiner's weener.
It is their constitutional duty to bring issues to the American people so that they can be debated in a rational manner and intelligent.
They are derelict on the big issues = well except for FNC, which several times this AM have interviewed representatives from both parties to get their input: Congressman Chris Van Hollen of MD and Senator Marco Rubio of FL.
If they replace it with a voucher system, you're only going to be able to get a voucher for 8,000. If you have serious health issues, you're kinda screwed.
By the way, a hospital stay costs around 1 to 2 thousand dollars per night. You may be able to stay for a week.
And if you're 52 and fall and break a hip? Get out the gun and have someone shoot you, because the new voucher program won't even begin to cover the costs.
no, it's not.
If you're 55, you keep it.
If you're 54 and younger, or not born yet, it's gone and becomes a voucher program with a low cap on it all the while prices go up. it doesn't address rising cost, it doesn't address the fact that insurance co's could deny insurance to these elderly either.
Read the bill itself, not what the guy who's pimping it says in 34 second videos.
Here you go stupid...
[ame=http://www.youtube.com/watch?v=B61HpYzd4jA]YouTube - ‪Rep Paul Ryan: Reform Medicare - Don't Raid It‬‏[/ame]
Paul Ryan is trying to save Medicare from bankruptcy
Talk about a mischaracterization!
That's just funny right there, I don't care who you are...
If they replace it with a voucher system, you're only going to be able to get a voucher for 8,000. If you have serious health issues, you're kinda screwed.
By the way, a hospital stay costs around 1 to 2 thousand dollars per night. You may be able to stay for a week.
And if you're 52 and fall and break a hip? Get out the gun and have someone shoot you, because the new voucher program won't even begin to cover the costs.
The 8,000 per person is to pay for the yearly premiums for a health insurance.
The Health Insurance pays for the for the hospital stay and your broken hip.
It's not 8,000 per year given to you, that you have to pay for each and everything that comes up.
