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Wednesday, March 21, 2012

Ryan Plan - $2.9 TRILLION to the 1% - Elderly Die!

to lower the top individual and corporate tax rates to 25 percent
would require Congress to eliminate
more than $2.9 trillion worth of tax breaks over the next decade,
They will get even a bigger tax break than under the Bush tax cuts.

Killing Seniors - If you don't have a bundle of money in the bank RIGHT NOW - you going to DIE!
Too bad!
And there are people over 50 who actually vote Republican - what a bunch of damn fools. 

The Ryan Plan = The Death Panel of 2012


On March 20, 2012, Budget Committee Chairman Paul Ryan (R-WI) unveiled the House Republican budget proposal for 2013. Like the Republican budget proposal for 2012, it is radical in scope. It transforms Medicare by privatizing it, converting it to a voucher program, which will require seniors to pay more and more as they get older. It restructures Medicaid as a block grant, slashing program funding to states and cutting health care for children, seniors, and people with disabilities. And it repeals the Affordable Care Act, eliminating tax credits for middle-class families.

MEDICARE
Seniors and people with disabilities would receive a fixed amount of money to purchase health insurance through private plans or traditional Medicare, and each year, the portion of the premium that would be paid by Medicare would get smaller and smaller and the portion paid by seniors would grow larger and larger.

According to the nonpartisan Congressional Budget Office, the Republican plan starts by cutting the value of Medicare coverage for an average 65-year-old by 11 percent in 2023. This reduction would grow to a 23 percent cut for 66-year-olds in 2030, and it would continue to grow larger over time.

Older and sicker beneficiaries who remain with traditional Medicare will face higher and higher costs as premiums are raised for the remaining older and less healthy seniors.

By repealing the Affordable Care Act, the Republican plan would re-open the gap in prescription drug coverage known as the “doughnut hole.” This would expose today’s beneficiaries to up to $6,000 in additional out-of-pocket prescription drug costs by 2020.

MEDICAID
 Under a block grant, the amount of funding a state receives would not change even when more residents need Medicaid, such as following a natural disaster or an economic downturn. Every state would experience a drastic drop in Medicaid funding.

  …states would not see changes in federal funding even in situations where more residents need Medicaid, such as after a natural disaster or during an economic downturn. States would be forced to cut Medicaid services radically, as they could almost certainly not make up that lost funding. Coverage for children with disabilities like autism or Down Syndrome, home- and community-based care for people with disabilities such as spinal cord injuries, and nursing home and home care for seniors with illnesses like Alzheimer’s, would all be at risk of major cuts.

By repealing the Affordable Care Act, the House Republican budget wipes out the Affordable Care Act’s 2014 Medicaid expansion. By eliminating this expansion, 27.7 million low-income Americans who would have been eligible for Medicaid coverage in 2014 would lose this option. Many of them will remain uninsured.

AFFORDABLE CARE ACT
By repealing the Affordable Care Act, the House Republican budget would do away with the law’s tax credits that were designed to help middle-class families purchase health insurance starting in 2014. This would effectively raise taxes on middle-class families, and health insurance would increasingly be unaffordable for millions.

By repealing the Affordable Care Act, the House Republican budget wipes out the Affordable Care Act’s 2014 Medicaid expansion. By eliminating this expansion, 27.7 million low-income Americans who would have been eligible for Medicaid coverage in 2014 would lose this option. Many of them will remain uninsured.

The proposal repeals the Affordable Care Act and eliminates the law’s tax credits that were designed to help middle-class families purchase health insurance starting in 2014. As a result, the Republican budget effectively increases taxes on middle-class families. Nationally, 28.6 million middle-class Americans will lose access to tax cuts worth a total of $110.1 billion in 2014, leaving coverage unaffordable for many.

As quoted on the radio this morning - actually heard on Capitol Hill:
    To Repugs:  You are going to lose your election.
    Repug Reply:  I know, but I will take the government down with me.

THREE TRILLION more dollars to the 1%.
GET the Republicans out of the US Congress!

3 comments:

  1. Did you mean to the 1 or 2% instead of to the 99%?

    ReplyDelete
  2. OOPS! Bad typo. Thank you for brining that to my attention!

    ReplyDelete