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House speaker Paul Ryan has not wavered in his belief that balancing the federal budget will require reducing entitlements, putting him at odds with president-elect Donald Trump, who as far back as 2008 ripped Ryan’s Medicare proposal, calling it “political suicide.”
As Politico reports, House Republicans are determined to balance the budget in the next 10 years, but in order for then to pass their 2018 budget this spring, entitlements like Medicare, Medicaid and Social Security would have to be reformed.
Just after the November election, Ryan warned:
When Obamacare became Obamacare, Obamacare rewrote Medicare, rewrote Medicaid, so if you’re going to repeal and replace Obamacare, you have to address those issues as well. What people don’t realize is that Medicare is going broke, that Medicare is going to have price controls. Because of Obamacare, Medicaid is in fiscal straits. So you have to deal with those issues if you’re going to repeal and replace Obamacare. Medicare has got some serious problems because of Obamacare. Those things are part of our plan to replace Obamacare.Read the rest of the story HERE.
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