Go Back   CityProfile.com Forum - Local City and State Discussion Forums > General Discussion > National Politics / Debate
Click Here to Login

Reply
Old 04-06-2011, 01:44 PM  
mohel
 
blucher's Avatar

Keizer, OR
Join Date: Nov 2010
Posts: 4,383 | Kudos: +123
Images: 99
Big Health Cost Shift to Elderly

Big Health Cost Shift to Elderly in GOP Plan - ABC News

Big Health Cost Shift to Elderly in GOP Plan
Budget office: House Republican plan would raise Medicare costs for most future retirees


Quote:
Partisan divisions hardened Wednesday around the new House GOP budget, hailed by backers as a sobering correction for the nation's spending binge, and denounced by critics as an attack on health programs for middle-class retirees and the poor.

A report from the Congressional Budget Office provided added fodder for critics, after nonpartisan experts concluded most future retirees would pay considerably more for health care under the GOP approach ? which turns Medicare into a voucher-like plan for those now 54 and younger.

The sweeping fiscal plan by House Budget Chairman Paul Ryan, R-Wis., would reduce total federal spending, deficits and debt, saving money for federal taxpayers. But it would be tempered by a cost shift to future retirees.

At hearing on his plan Wednesday, Ryan said that with sky-high deficits, the government needs to limit its mission to things that are truly needed.

"We don't want to turn the safety net into a hammock that lulls people to lives of complacencies and dependencies, into a permanent condition where they never get on their feet," he said.

Rep. Chris Van Hollen of Maryland, the top Budget Committee Democrat, said Republicans are protecting tax breaks for corporations and the wealthy at the expense of the middle class and the poor.

"It doesn't reform Medicare, it deforms and dismantles it," Van Hollen said of the GOP's budget. As for Medicaid, the budget "rips apart the safety net" for poor and older people, he added.

Ryan's plan would put people now 54 and younger in a different kind of health care program when they retire, unlike the Medicare that their parents and grandparents have known. Instead of coverage for a set of benefits prescribed from Washington, they'd get a federal payment to buy private insurance from a choice of government-regulated plans.

"A typical beneficiary would spend more for health care under the proposal," the budget office estimated in its analysis.
Big Health Cost Shift to Elderly-efin848l.jpg 

__________________

__________________
I'll believe corporations are persons when Texas executes one.: LBJ's Ghost
Reply With Quote
Old 04-06-2011, 05:35 PM  
Traveler

Join Date: Nov 2010
Posts: 1,452 | Kudos: +43
Death panels!
__________________

Reply With Quote
Old 04-06-2011, 06:05 PM  
mohel
 
blucher's Avatar

Keizer, OR
Join Date: Nov 2010
Posts: 4,383 | Kudos: +123
Images: 99
I wish he did have some death panels. I'd be making a list and checking it twice.......
__________________
I'll believe corporations are persons when Texas executes one.: LBJ's Ghost
Reply With Quote
Old 04-06-2011, 06:08 PM  
Traveler

Join Date: Nov 2010
Posts: 1,452 | Kudos: +43
I wasn't speaking about us, but rather cryptically about them.
Reply With Quote
Old 04-07-2011, 07:56 AM  
Senior Member

Bristol, Tennessee
Join Date: Sep 2010
Posts: 1,062 | Kudos: +48
funny how the people that get screwed are the ones that will be retiring without a pension plan, if we need to make cuts to medicare and social security it should be done NOW for people retiring right now, as these people are the ones with the highest percentage of employees with a pension, the next generation already has to gamble on a 401k
Reply With Quote
Old 04-07-2011, 08:45 AM  
mohel
 
blucher's Avatar

Keizer, OR
Join Date: Nov 2010
Posts: 4,383 | Kudos: +123
Images: 99
Quote:
if we need to make cuts to medicare and social security it should be done NOW for people retiring right now, as these people are the ones with the highest percentage of employees with a pension, the next generation already has to gamble on a 401k
On the one hand you're right about the 401K. The other side is those just now retiring were warned to plan for retirement. Many did but if they get hit now those plans were useless.
__________________
I'll believe corporations are persons when Texas executes one.: LBJ's Ghost
Reply With Quote
Old 04-14-2011, 10:05 PM  
Senior Member
 
Jake7's Avatar

Honolulu, Hawaii
Join Date: Aug 2010
Posts: 3,294 | Kudos: +135
Images: 45
I'd rather hurt my retirement than my children/grandchildren's.
__________________

__________________
Discover Scentsy at Lucky Lucy Scentsy Products - an independent Scentsy consultant!


https://luckylucy.scentsy.us/Scentsy/Buy
Reply With Quote
Reply

Go Back   CityProfile.com Forum - Local City and State Discussion Forums > General Discussion > National Politics / Debate
Bookmark this Page!

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes


Suggested Threads

Powered by vBadvanced CMPS v3.2.3

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.