Friday, June 3, 2011

Chairwoman Debbie Wasserman Schultz details the Consequences of the Republican Plan to End Medicare

Debbie Wasserman Schultz, official photo portr...Image via Wikipedia

DNC chairwoman Debbie Wasserman Schultz rakes the republicans over the coals in this careful account of Paul Ryan's plan to end medicare so the wealthy can pay less in taxes.

 Chair and Rep. Debbie Wasserman Schultz:
"The Republican plan for balancing the budget on the backs of America’s elderly, poor, and vulnerable has been whole-heartedly embraced by Republicans in Congress. But their plan is more than wrong-thinking, it’s just plain wrong.  And you don’t have to dig too deeply to see why: it would end Medicare as we know it. The Republican plan would ‘save’ money not by reducing costs but by passing them along to seniors in Florida and across the country. That’s not just me talking – the independent Congressional Budget Office (CBO) has said that seniors would end up paying 68% of their premiums and out-of-pocket medical costs under the Republican plan. In fact, a decade from now their   plan would add $6,400 to the average senior’s annual medical bill. That means more elderly Americans would face an awful dilemma: purchasing the basic goods they need to live or the health care they need to stay well.  And what would be accomplished through the additional suffering the Republican plan would impose on seniors? More tax breaks for the wealthiest Americans because the Republican plan would direct that money into the pockets of the wealthiest Americans with tax breaks for millionaires and billionaires. I won’t have such a plan on my voting record or my conscience, and America can’t afford to put such a plan on the books.
The Paul Ryan Medicare plan:  Seniors need to fight with insurance companies and pay lots more for their medical care, so billionaires and millionaires can have more tax breaks. 
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