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Thursday, May 26, 2011

Health Care

News                                                                                                                             
Politico | Is any Medicare reform plan political suicide?
Republicans recaptured the House last year running on a platform that accused Democrats of slashing Medicare in their health reform law. Then Tuesday's win by Democrat Kathy Hochul in a solidly Republican district was seen as a strong rebuke of the GOP budget that changes the basic structure of Medicare.
WSJ | No Retreat on Medicare
GOP Sticks With Controversial Revamp Plan After 'Wake-Up Call' of Election Upset.

Econ Comments                                                                                                             
Washington Post | Wait! Paul Ryan has a point
Now that Paul Ryan’s Medicare plan has led Republicans off a political cliff, it’s time to expose the Achilles heel in the Democrats’ argument.
NY Times | Squandering Medicare’s Money
Much has been said about the growing gap between the program’s spending and revenues — a gap that will widen as baby boomers retire — but little attention has been focused on a problem staring us in the face: Medicare spends a fortune each year on procedures that have no proven benefit and should not be covered. Examples abound:
Washington Times | TURNER: White House waivers make a splash
Exemption for friends is crony capitalism at its worst.

Blogs                                                                                                                             
The Economist | Medicare has a lemons problem
There are many problems with Paul Ryan’s budget and his plans for Medicare, but for Democrats, one is paramount: it is unpopular. His proposal initially put Democrats on the back foot, but within days they took heart as press commentary and polls turned negative.
Heritage Foundation | Rep. Ryan and the Truth About Medicare
When it comes to the budget, there’s fact and fiction, distortions and reality. And today, the left has been lobbing lies about Chairman Paul Ryan’s (R-WI) House-passed Fiscal Year 2012 Budget – The Path to Prosperity – alleging that it puts Medicare at risk.