WASHINGTON,DC (WHBL) - House Budget Chairman Paul Ryan of Janesville will try for a third straight year to turn Medicare into a cheaper voucher program. The Republican Ryan is expected to release his federal budget plan next week for fiscal 2014. And the A-P says it would only let those 56 and older continue the present tax-paid fee-for-service Medicare – not those 55 and older, as Ryan touted over the past two years. His new plan would again force most people to use tax-funded vouchers to buy private insurance when they turn 65 – a cheaper option which many fear would not be enough for the coverage they’ll need. But Ryan insists that his cost reductions are needed to keep Medicare from going bankrupt, as the large Baby Boom generation latches onto the program. Ryan’s spokesman, William Allison, would not comment on the possible age change. But he said the proposal would not change anything for those in retirement or close to it – and Ryan’s plan is quote, “in sharp contrast to the real harm inflicted on seniors by the president’s health care law.” Democrats say Ryan’s Medicare plan balances the budget on the backs of senior citizens while keep taxes down for the wealthy. President Obama has not submitted a federal budget proposal for 2014 yet. The White House normally releases it in early February.
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