Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Does Rep. Ryan Have it Right on Medicare?

Details

  • Description

    FBN’s Gerri Willis on Republican efforts to reform Medicare.

  • Duration 2:30
  • Date

Clips

Also in this playlist...

Deficit

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

-- bear pushing granny over the clip those evil Republicans what are they thinking.

Well turns out they're the only ones thinking when it comes to Medicare Democrats say that Republicans want to gut Medicare and that Ryan's leading the charge but consider this.

This year the government tax payers will spend 503 million dollars on Medicare.

Even under the house GOP plan which is the -- his one out there Medicare spending would rise to 855 billions ten years from now.

That's only 3% less than what Obama proposes.

Again the Republicans are putting forward a plan in which spending is 3% lower than the president's.

In fact if you really want to know -- extreme and radical in the Medicare debate well you might want to consider the president himself.

Obamacare the president's plan for remaking health care cuts Medicare by 716.

Billion dollars to pay for other aspects of Obama care.

Romney and -- want to return this money to seniors.

Now Ryan's proposal for Medicare is frankly pretty modest first off nobody nobody 55 years shareholders he's any changes in their benefits so.

-- doesn't go over the cliff soaring near that cool if there is still collapse no cliff for granny.

But for the rest of us the system goes busted -- -- 24.

Now for that reason ten years from now Americans will have the choice under Ryan's plan of sticking with Medicare or enrolling in a privately administered plan aided by some government dollars -- is.

-- might have to kick in the dollar to.

But competition among insurers is expected to provide better services at a lower cost.

Like Medicare Advantage did.

You know none of my friends are counting on Social Security or Medicare and retirement.

They're saving as much as they can to provide for themselves and their kids they don't trust government to get it right.

Truth is we don't have a choice these programs especially Medicare have to be reform that's what mindset today at Miami -- -- areas.

His alma mater and mine in Oxford Ohio -- he made the case for reforming Medicare.

This debate we want to have this debate we need to have in this debate we're gonna win.

Well he's right at least I hope he's all right and I -- -- the toasted roll while he was in Oxford take a look at -- -- -- toasted but very.

-- -- -- -- Let that one of those you can't get that --

Load More