Romney Chooses Medicare Slayer Paul Ryan as V.P. Nominee
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Tags: Ayn Rand, budget, Paul Ryan, Social Security
In what has to be his first bold move Romney’s made since he began his run for President, Romney chose Paul Ryan as his vice presidential nominee. With Paul Ryan, Ayn Rand has risen. Ayn Rand, the woman who espoused libertarian nonsense until she needed the government to pay her medical bills, is Paul Ryan’s hero.
Ryan boldly proclaims as his ethos replacing Medicare with a voucher program, and funneling tax dollars to the rich. And just in case you’re not familiar with Ryan, here are a few other things you should know:
According to Think Progress, Ryan wants to replace “the current tax structure with two brackets — 25 percent and 10 percent — and cut the top rate from 35 percent.” Ryan’s budget would cut mostly programs which benefit the middle class and the poor. His budget would not extend Obama’s tax cuts for the poor, but it would, of course, extend tax cuts for the rich. That’s who Ryan works for, and that’s what you should know.
In addition, Ryan wants to end Medicare and replace it with a voucher coupon. Seniors would be forced to purchase insurance from an exchange. What if no insurance company wanted to insure an elderly person? Oh well. Sucks for them. The Congressional Budget Offices estimates that new beneficiaries could pay up to $1,200 more by 2030 and more than $5,900 more by 2050.
But wait, there’s more. Ryan’s proposed budget also calls for an end to Social Security and pell grants. Where would all the cuts in Ryan’s budget go? To the rich in the way of subsidies and tax cuts. That’s Paul Ryan, in a nutshell.
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