To make his Republican budget more politically palatable, Paul Ryan decided to go with an age-based “divide and conquer” strategy. He promised to keep Medicare intact for those currently on it and those above 55, and will only turn it into a privatized voucher program for those under 55. The Third Way, with whom I [...]

Paul Ryan’s Republican budget proposal “saves” the government money on Medicare by replacing it with a voucher to buy private insurance, but these vouchers will be too small to actually buy a similar level of coverage to what  Medicare traditionally provided. It shifts the burden of paying for the rise in health care costs for [...]