GOP-Ryan's Medicare
Under the most likely current budget scenario, Medicare spending for the typical 66-year-old would rise to $9,600 in 2030, or about 75 percent more than now, the Congressional Budjet Office projected.
But under Ryan's plan, spending would rise more slowly to $7,400, or about 35 percent more than current levels.
That difference would result in a cost shift of thousands of dollars to individual retirees, critics say.
Under the previous version of Ryan's plan, a typical 65-year-old retiree would have been responsible for about two-thirds of his or her health care costs in 2030, according to the budget office. That translates to a cost increase of $6,350 a year, says the Obama campaign.
Ryan's proposal for turning Medicaid into a block grants program for the states would also have far-reaching consequences. It sharply reduces the future size of the program relative to the overall economy, the CBO said.
But under Ryan's plan, spending would rise more slowly to $7,400, or about 35 percent more than current levels.
That difference would result in a cost shift of thousands of dollars to individual retirees, critics say.
Under the previous version of Ryan's plan, a typical 65-year-old retiree would have been responsible for about two-thirds of his or her health care costs in 2030, according to the budget office. That translates to a cost increase of $6,350 a year, says the Obama campaign.
Ryan's proposal for turning Medicaid into a block grants program for the states would also have far-reaching consequences. It sharply reduces the future size of the program relative to the overall economy, the CBO said.
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