Betsy McCaughey: Medicare As We've Known It Isn't an Option - WSJ.com: "The Democratic Party is urging Americans to choose Medicare as we've always known it rather than a new plan by Rep. Paul Ryan (R., Wis.) that would enroll seniors in private health insurance beginning in 2022. This choice is a hoax: Medicare as we've always known it is already gone. It was eviscerated by President Obama's health law.
The truth is that the Obama health law reduces future funding for Medicare by $575 billion over the next 10 years and spends the money on other programs, including a vast expansion of Medicaid. In 2019, Medicare spending under the Obama health law is projected to be $14,731 per senior, instead of $16,162 if the law had not passed, according to Medicare actuaries (Health Affairs, October 2010)
Maybe he can scare people into re-electing him. That's probably his only HOPE.
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