Romney aides admit, anyone over 55 will get their medicare benefits cutSubmitted by Ian56 on Thu, 08/23/2012 - 14:12
The truth is that none of Romney or Ryan or any of his aides have done any real thinking about the details of any policies they might or might not carry out.
Or about the details of any budget.
It is about as thought through as plans for post invasion Iraq.
As outlined in a memo the campaign released Saturday, Romney plans to repeal the Affordable Care Act in its entirety, and thus to spend over $700 billion more on the program in the coming decade than the government would spend if the health care law stands.
That commitment would leave Medicare poised for insolvency in 2016, years before he proposes to phase in the voucher system. Which means Romney would have two options: find new Medicare cuts or taxes to extend the life of the program, or preside over its demise.
On Fox News Sunday, Romney adviser Ed Gillespie tried to address the conundrum. “There are other reforms as well. As you know Governor Romney supports increasing over time bringing the Medicare eligibility age in line with the Social Security retirement age.”
But raising the Medicare eligibility age is a benefit cut, and implementing the increase before 2016 would violate Romney’s pledge to leave the program unchanged for people between ages 55 and 65.