Mitt Romney and Paul Ryan have spent the better part of their young campaign hitting President Obama and the Affordable Care Act for cutting an estimated $716 billion from Medicare.
But Romney and Ryan have offered a proposal that would voucharize the Medicare program and significantly reduce the government’s contribution. Romney has pledged to balance the budget by the end of his second term and would have to cut as much as $2 trillion from Medicare to achieve his goal, spending the money on tax breaks for the rich. Seniors, meanwhile, would be stuck with higher premiums:
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