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Dec 08, 2017 · And now Paul Ryan wants Trump to agree to Medicare cuts, and the Speaker believes he's "begun convincing" the president to go along with the plan. Given Trump's willingness to ignore so many of ...
Who proposed cutting Medicare?
Perhaps the most visible plan to cut Medicare is the one endorsed by House Speaker Paul Ryan, which would eliminate the guaranteed level of coverage that Medicare currently provides — e.g., covering hospital care and 80 percent of the total cost of doctor visits — and replace it with “vouchers” with which seniors would be directed ...
Why is Medicare being targeted?
Medicare is being targeted by key congressional leaders for a sweeping set of changes that would dramatically increase healthcare costs for seniors and ultimately leave them paying more for their healthcare while getting less.
Is Medicare fully funded?
In fact, both the Medicare Trustees Report and The Congressional Budget Office report that Medicare’s fiscal strength has improved — not declined — in recent years and that the Medicare trust fund is fully funded through 2029 and 79-percent funded through 2040, a highly manageable shortfall that can be closed in coming years ...