» 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 This material may not be published, broadcast, rewritten or redistributed.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 72 327 11,765
MORTGAGES 76 371 15,350
FORECLOSURE NOTICES 41 112 3,023
BUILDING PERMITS 382 972 28,226
BANKRUPTCIES 65 345 11,307
BUSINESS LICENSES 19 117 4,155
UTILITY CONNECTIONS 184 700 17,184
MARRIAGE LICENSES 20 100 3,564

Weekly Edition

Issues | About

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