“If Mitt Romney and Paul Ryan have their way, then Americans of all ages may be spending more on health care during their retirement.
If Romney becomes president and repeals the Affordable Care Act as promised, then retirement would cost $11,100 more for the average 65-year-old and $18,600 more for the average 55-year-old because of higher Medicare premiums and drug costs, according to a report from Harvard economist David Cutler, an Obamacare architect, and the Center for American Progress.
What’s more, seniors on Medicare who depend on Medicaid would need to pay more than $2,500 more per year because of planned Medicaid cuts.
Romney’s plan would cost younger Americans even more, since Romney and Ryanwant to turn Medicare into a voucher system for Americans under 55 for when they qualify for Medicare. The report estimates that 48-year-olds would have to pay $124,600 more for Medicare during retirement under Romney’s plan, 39-year-olds would have to pay $216,600 more during retirement, and 29-year-olds would have to pay $331,200 more during retirement in total. That’s because the vouchers would not keep up with rising health care costs. For those 29-year-olds, the extra costs would consume 62 percent of their lifetime Social Security benefits.”
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Jesus Christ this is such a load of horseshit. Pure propaganda.
“The presidential campaign is overflowing with claims from both sides designed to scare seniors into thinking Medicare is being gutted or about to end altogether. Lost in the flurry of attack ads and political messaging is a policy debate on how best to reduce the growth of Medicare spending, a common goal of both campaigns. If all voters know about Medicare is what the candidates tell them in TV spots and stump speeches, they are going to be poorly prepared to understand the changes that could be coming, no matter which party wins the White House.
Among the many “Mediscare” claims:
An Obama spokeswoman says that “benefits would go down” under the Medicare plan put forth by Ryan, and largely embraced by Romney. Ryan says cuts in Obama’s health care law to the growth of spending “will lead to fewer services for seniors.” But actually, neither plan has much of a direct impact on current beneficiaries.
A Romney campaign ad wrongly claims that “money you paid” for Medicare is being used to pay for Obama’s health care law. But the law doesn’t take money out of the existing hospital insurance trust fund. It cuts the future growth of spending. And in the future, seniors will still receive more in benefits than they paid in.
Obama says Ryan’s “original plan would force seniors to pay an extra $6,400 a year.” But that’s based on an outdated analysis; Ryan’s current plan is more generous than his first. In fact, over the long run, both men propose capping the growth of Medicare spending at the same rate.
“There’s too much spinning and mud-slinging going on,” says David Walker, a former head of the Government Accountability Office, “and not enough focus on substance and solutions.”
http://factcheck.org/2012/08/a-campaign-full-of-mediscare/
If we strip the excess wealth from the wealthy and give it to our politicians, then all healthcare will be free!
obama to rev. wright, the problem with you is you have to tell the truth!