Wednesday, August 13, 2014

Wadham's ignores the Reality of Round's Support for Medicare Vouchers

Dick Wadham's, Mike Rounds pseudo campaign leader, tries to distract us from the fact that Mike Rounds will vote to voucherize Medicare.  Dick states,
“Mike Rounds has never suggested, much less endorsed, ‘voucherizing’ Medicare. Weiland’s sorry excuse of a record shows that he not only endorses Obamacare and the $716 billion in cuts to Medicare that comes with it, but also his desire to destroy Medicare as a senior healthcare program . . . it is clearly a matter of public record.” 
Okay, I guess that Dick missed my blog entry explaining the connection of the Ryan plan and how that would in fact voucherize.  I do agree that Rounds has not come out and endorsed anything when it comes to Medicare or the budget in general.  He only offers this as his approach to Medicare:
Mike supports Medicare for our seniors. Obamacare threatens Medicare’s solvency. Mike will defend and protect Medicare. Using Medicare cuts to offset Obamacare costs is wrong.
Here is a brief description of the Ryan plan on Medicare (one that has been supported by John Thune):
By now, most people have heard about Rep. Paul Ryan's plan to convert Medicare into a "voucher" program for citizens currently under age 55. A draft of the Republican platform at the party's national convention in Tampa, Fla., recommends adopting some form of the Wisconsin lawmaker's proposals, and Ryan mentioned it again in his Wednesday night speech at the event.  
Under Ryan's plan, people who are now age 55 and older would continue to buy traditional Medicare insurance. Those who didn't meet the age threshold would be given "premium support" from the government when they attain the retirement eligibility age. They would then be free to buy their own insurance coverage from for-profit insurance companies. They would pay any difference between the voucher amount and premiums charged by insurance companies out of their own pocket.
I would encourage Mr. Wadhams to read a CBS report from 2012 when his lies were being debunked:
To some voters, it may sound counter-intuitive at first to think that cutting money from Medicare would improve, not weaken, its finances. But, again, this is a reduction in the future growth of Medicare spending over 10 years. And spending less is a good thing for Medicare’s finances — as it is for most people’s. 
For instance, let’s say someone has a dedicated coffee budget but decides to drop a daily latte habit and instead buy regular coffee. That person’s coffee budget took a big cut in spending, enabling the budget to last longer. Instead of one month of lattes, this java fan can have two months of coffee. 
The biggest savings from the Affordable Care Act come from reductions in the future growth of payments to hospitals — about $415 billion over 10 years. That’s Medicare Part A. Income for Part A comes mainly from payroll taxes. If Medicare doesn’t need to spend that income immediately, it’s credited to Part A’s trust fund, and Medicare gets a Treasury bond that it can cash in later. Anytime Medicare needs to cash in that bond, Treasury must pay it. Even if Treasury spent the original money on something else, it must pay the bond.
So, campaign claims that imply that Obama has taken money out of Medicare, and Medicare won’t ever get it back, are simply not true. 
Once again, the people of South Dakota await your apology to Rick Weiland and every citizen in this state. 


  1. Good job holding the GOP accountable on this issue! Question #2 (after Question #1 about "What did you know about Benda, Bollen, and EB-5 and when did you know it?") at the DakotaFest and State Fair debates should be, "Do you support Paul Ryan's proposals for reforming Medicare?

  2. Thanks Cory. I think it should be asked, but I highly doubt there will be any questions about Bollen or Benda at the debates. They should ask if the candidates support EB-5, but I wonder if the Rounds campaign gets any input in the type of questions asked.