He cuts Medicare costs by issuing vouchers—individuals would receive a set amount to buy retirement benefits. This, of course, is on every insurance goliath’s wish list.
While keeping more than $40 billion in corporate subsidies, Paul Ryan cuts Medicaid, food stamps, and unemployment insurance, mostly by having the federal government issue block grants to the states so they can take care of the poor. Thus, we are likely to have 50 separate programs instead of one—with the expected consequence of the poor and disadvantaged moving from state to state to find jobs and better programs.
He cuts more than $1.8 trillion from the Affordable Health Care Act that passed both houses of Congress and was declared constitutional by the Supreme Court. The Republicans have brought more than 30 bills to gut the Act; they lost every time. Ryan’s proposal is the political end run that, if successful, would eliminate critical and necessary health care, while shoving more than 30 million Americans, mostly low-income and the middle-class, back into the unprotected category. Of course, every member of Congress and their staffs have premium health coverage and retirement benefits.
Ryan’s budget, which has the Republicans salivating, would be the lowest in six decades. This doesn’t even take into account there has been significant inflation the past six decades, or that Medicare, Medicaid, NASA, WIC (the women, infant, children nutritional program) and numerous other programs to benefit all Americans didn’t exist six decades ago.