Make sure you understand this sentence. It will be the focus of the attacks by the Dems on Ryan's Plan.
Well in the case of Obama, What kind of spending reductions are we talking about?
They were mainly aimed at insurance companies and hospitals, not beneficiaries.
Obamacare makes significant reductions to Medicare Advantage, a subset of Medicare plans run by private insurers.
Medicare Advantage was started under President George W. Bush, and the idea was that competition among the private insurers would reduce costs. But in recent years the plans have actually cost more than traditional Medicare. So the health care law scales back the payments to private insurers.
Obamacare shifts seniors from the Medicare Advantage program and does not result in the elimination of Medicare coverage for anyone.
What we really need is a total-savings estimate, a point by point comparison of Obamacare vs. the Ryan plan.
We need cost estimates for changing the plan, an age cutoff for when it would be implemented, how the vouchers would be administered, how the government-controlled plan would be administered or what effect his proposals would have on the deficit or current budget.