Paul Ryan defends Medicare plan
Winningreen Issue Alert A051711
Paul Ryan defends his Medicare plan in Chicago speech
By Gretchen Randall
Date: May 17, 2011
Issue: Just two days after the trustees of Medicare and Social Security acknowledged that both programs face insolvency even sooner than anticipated, Republican presidential candidate Newt Gingrich called Rep. Paul Ryan’s (R-WI) plan to balance the budget and reform Medicare “right-wing social engineering” and “radical.” Ryan denied this assertion saying, “What’s radical is kicking the can down the road.”
On Monday, Ryan defended his plan (Path to Prosperity) in a speech at the Economic Club of Chicago noting the glaring differences between his plan and Obama’s. The Ryan plan, unlike what Democrats are claiming, would make absolutely no changes for those in or near retirement meaning Granny’s Medicare coverage is safe. What it would do is give future generations “a strengthened Medicare program” with more choice, more help for the poor and less help for the wealthy.
However, President Obama’s plan would in contrast, require higher taxes and give 15 unelected bureaucrats in Washington the power to control costs by rationing care for current seniors. Ryan said Obama’s plan calls for “shared scarcity” and “bureaucratically rationed health care.”
Excerpts from Ryan’s speech in Chicago:
“Nobody ever got rich betting against the United States of America, and I’m not about to start. Time and again, just when it looked like the era of American exceptionalism was coming to a close …we got back up. We brushed ourselves off. And we got back to work rebuilding our country, advancing our society, and moving the boundaries of opportunity ever forward.
“We can do it again. America was knocked down by a recession. We are threatened by a rising tide of debt. But we are not knocked out. We are America. And it is time to prove the doubters wrong once more – to show them that this exceptional nation is once again up to the challenge.”
Comment: Paul Ryan should be running for president instead of Newt who represents old-style politics and even older thinking.
Comment: Republicans need a message campaign to explain to the American people that their plan would not affect current retirees but would save Medicare for future generations. The Republican plan is misunderstood by the voters and, if not explained correctly, could kill the effort to save Medicare.
Links: ReAd about Medicare insolvency: http://finance.yahoo.com/blogs/daily-ticker/reality-bites-medicare-insolvency-coming-sooner-expected-143046324.html
I encourage you to read Ryan’s speech of 5/16/11 at: http://paulryan.house.gov/News/DocumentSingle.aspx?DocumentID=241689
Contact: Gretchen Randall