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Ryan Medicare Reform Plan Suffers Blow

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Published on May 6, 2012

Via The Huffington Post: "The co-creator of the concept that Rep. Paul Ryan (R-Wis.) is relying upon to reform Medicare no longer thinks it will work. Henry Aaron, now of the Brookings Institution, got the chance to tell Ryan exactly why at a recent Capitol Hill hearing. Aaron and former Urban Institute president Robert Reischauer came up with the idea of "premium support" in 1995, after the failure of then-First Lady Hillary Clinton's bid to reform the health care system. The basic idea is simple: let people pick their health insurers in the private market, subsidize the premiums, and competition will drive down costs...".* Cenk Uygur and Richard Eskow (Campaign For America's Future) discuss on The Young Turks.

*Read more here from Michael McAuliff: http://www.huffingtonpost.com/2012/05...

Read more about U.S. healthcare spending: http://www.politico.com/news/stories/...

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