» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 126 | NO. 245 | Friday, December 16, 2011

White House Blasts New Medicare Plan by GOP's Ryan

AP

Print | Front Page | Email this story | Comments ()

WASHINGTON (AP) – The White House says a new bipartisan Medicare proposal would cause the health care program for seniors to "wither on the vine."

Communications Director Dan Pfeiffer said Thursday the overhaul proposed by Wisconsin Rep. Paul Ryan, a Republican, and Oregon Democratic Sen. Ron Wyden "would end Medicare as we know it" by shifting costs to retirees.

The Wyden-Ryan plan would set up a competition between traditional Medicare and regulated private insurance plans. Seniors would get a fixed amount to spend on a health plan no matter which coverage they selected. The overall growth in Medicare spending would be limited.

Ryan and Wyden say they want to tone down the political rhetoric over the future of Medicare and start a real national dialogue. An earlier plan by Ryan sparked a backlash.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 66 378 15,444
MORTGAGES 67 456 20,235
FORECLOSURE NOTICES 12 121 4,007
BUILDING PERMITS 175 1,046 36,888
BANKRUPTCIES 58 290 14,633
BUSINESS LICENSES 16 80 5,209
UTILITY CONNECTIONS 76 388 22,205
MARRIAGE LICENSES 28 111 4,774

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.