Ryan plans to demolish Medicare as we know it. He wants to replace it with a Voucher Program which does not cover the needed healthcare costs of our seniors. In other words, he wants to push granny off a cliff. Ryan's plan also gives MASSIVE Tax Cuts to the Rich 1 percenters.
While the President's Affordable Care Act (ACA) includes plans on reducing $7B in excessive charges by insurance companies, redundancies and fraud, Politifact says Romney/Ryan are Lying when they say ACA cuts patient care. ACA Does NOT touch one dollar of patient care. Additionally while Ryan and Romney are complaining about these cuts, Ryan's plan includes these same cuts.
Politifact.com: Today, Medicare operates as a government-run health insurance plan for Americans over age 65. Ryan’s idea is to eventually move Medicare toward private insurance companies by giving people a set amount to buy their own health insurance plans... it would give them voucher-like credits to buy traditional fee-for-service Medicare or competing private insurance plans.
"Mitt Romney derides the $700 billion cuts in Medicare that the president achieved through health care reform. Those cuts take subsidies away from insurance companies, taking rebates away from prescription drug company. Is that what Mitt Romney wants to protect? And interestingly enough Paul Ryan protected those cuts in his budget."
Danny Kanner: "First, Ryan attacked the President for the very same ($700B) Medicare savings that he includes in his own budget. In the same breath, he falsely claimed that the Romney-Ryan budget protects Medicare -– in fact, their plan would end Medicare as we know it, leaving seniors with nothing but a voucher in place of the guaranteed benefits they rely on today. Then, Ryan refused to name a single tax loophole they’d close to pay for their $5 trillion tax plan. We know what that means: as independent experts have confirmed, Romney and Ryan’s tax plan would either explode the deficit or raise taxes on middle class families to pay for their tax cuts for millionaires and billionaires. As Romney and Ryan run away from the plans they have laid out -- and in Ryan’s case, passed through the Republican House twice -- they’re revealing that they’d take the American people back to the same failed policies that crashed our economy in the first place, and have zero interest in the bold, honest, substantive debate that they claim is at the center of their campaign."