But I am not big on cursing in the title of my blog.
This is giving the emotional, first reaction to his proposed changes to MediCare.
In a nutshell, I am supposed to pay into MediCare for the entirety of my working career, providing a good benefit to everyone. Then when it gets to be my turn—24 years from now in 2035 to start getting those benefits, I am going to need to come up with more than 2/3s the cost of my benefits for myself? At well over $10,000 a year?
To rub salt in the wounds, there is also a 28% tax cut for corporations and the highest earners from 35% to 25%.
From Brad DeLong: Under the Ryan plan, however, the CBO projects that a 75-year old Medicare patient in 2050 will have to spend $52,000 year-2010 dollars to buy a Medicare-equivalent plan in 2050. Of this, Medicare will reimburse the patient for--a mere $10,000.