Four Republican senators unveil plan to kill Medicare
In the lexicon of legislative politics, the word “sunset” means the end, the final curtain, the conclusion, finis.
So, when four Republican members of the U.S. Senate – (above, left to right) Lindsey Graham, Rand Paul, Jim DeMint and Mike Lee – endorsed a plan the other day for the “sunset” of Medicare, they were talking about killing the program.
Dana Milbank of The Washington Post EXPLAINS:
For years, Republicans have insisted that they would not end Medicare as we know it and that any changes to the program would not affect those in or near retirement. In the span of 20 minutes Thursday, they jettisoned both promises.
DeMint and his colleagues think the time to end Medicare is now — with a cold-turkey conversion to a private program, effective in 2014. “I think if Americans actually find out the truth about what we’re doing, it will be a very big positive for Republicans in the fall,” DeMint forecast.
All the details aren’t out, but Paul says his plan would cut funding of Medicare by $1 trillion over 10 years and reduce Medicare’s liabilities by $16 trillion. It would do that by enrolling Medicare recipients in the health plan now used by federal workers. The government would pay 75 percent of the insurance premium on average but 30 percent or less for those who earned more than $100,000 a year. The eligibility age would gradually be raised to 70 from 65. If seniors can’t afford their share of the premium, they can apply for Medicaid, the health program for the poor.