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Publication Date: April 2011
Publisher: Center for Economic and Policy Research
Author(s): Dean Baker
Research Area: Economics; Government; Health
Keywords: Medicare; Budget; Ryan
Type: Report
Coverage: United States
Abstract:
Representative Paul Ryan's proposed 2012 budget has been lauded as a path to prosperity, with much attetion given to his overhaul of the medicare system. Using data from the CBO analysis of the Ryan plan, this issue brief demonstrates that any savings to the government under the revamped medicare system places the burden of rising healthcare costs more squarely on the shoulders of beneficiaries.