- Posts: 14880
- Thank you received: 27
Topic Author
http://www.huffingtonpost.com/2012/09/1 ... f=politicsMitt Romney Medicare Plan Could Face Years Of Problems
'A ZILLION ISSUES'
"There are a zillion specific issues. And there's plenty of research, a lot of it unsatisfactory. There's a lot of practical experience, most of it unsatisfactory," said Joseph Antos of the conservative American Enterprise Institute, who appeared with Reischauer and Aaron.
"You can't do this in the next three years," he added. "Maybe in the next five."
Ryan, who chairs the House of Representatives Budget Committee, has proposed a version of a voucher plan that includes traditional Medicare as an option for future retirees and caps annual per- capita Medicare spending at 0.5 percent above the rate of U.S. economic growth.
Romney has proposed a similar plan, which appears on his campaign website. Republicans largely adopted the Ryan plan as part of the party platform at their national convention last month in Tampa, Florida.
Critics say Ryan's main objective is to limit Medicare's ability to widen the federal deficit by shifting costs to seniors and the disabled. He says the plan would strengthen Medicare for generations to come.
Reischauer and Aaron warned it was not clear the strategy would contain costs, saying political pressure could mount on Congress to do away with spending caps, while private insurers could have difficulty fielding plans that cost less than traditional Medicare.
Please Log in or Create an account to join the conversation.
Please Log in or Create an account to join the conversation.
Topic Author
Please Log in or Create an account to join the conversation.
Please Log in or Create an account to join the conversation.