Economic Program | Memo
Medicare in the Ryan Budget: What it Would Mean for You
This memo explains how the Republican “Path to Prosperity” fails to preserve the promise of Medicare and would instead wind down the program into an empty promise for current and future retirees.
The plan would leave future retirees short by providing only $8,000 in benefits—forcing seniors to make up thousands of dollars in additional costs out of pocket. It would also undermine care for current retirees by eroding Medicare’s purchasing power, leading to an exodus of physicians from the system.
Put simply, under the “Path to Prosperity,” Medicare as we know it would cease to exist.
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