________________________________________________________________________________________________________________________________________________________________________________________________________

General

Home: George's Daily

Welcome New Readers

Updated Quick Guide to GIAC2002.ORG
To Contact Us or Receive Daily E-mails

Classic Links

George's Musings

Alerts                

National Resources

"Pedal-to-the-metal" on a Convention of States
Constitutionally Rein in Federal Government and Recall the President
Amending the Constitution

Constitutional Convention

Most Recommended Voting System: Automated Fingerprint Verification
Free Speech Limits to Protect an Ideal Society

Interim Voting System:

Automated One Vote Per Person Verification

Recognize and Remember America's Enemies

Congressmen to Remember in 2014
You Made Rush Revere Number One
What is the ideal society for humans?

Ensuring Valid Vote Counts

Basics of Roberts Rules of Order with Comments
Voting System & Fraud Prevention Tradeoffs
Voting System Recommendations

A Road Map for America's Future

Republican Medicare and Social Security Plans
Heritage Foundation
Freedom Works

National Commentary

What Will It Take?
Wake up America!

Voter Fraud Instances

2012 National Election

Public Education

'Contract From America'

Tea Party America Refounding Principles

CBO Analysis of Congressman Ryan's
501(c)(4) Information
Pursuit of Truth in a Digital Age

Nation/World  

Take Action

Bills in Congress

Fox News

Wall Street Journal

Lucianne Goldberg

Drudge Report

Townhall

Human Events

■NewsMax

Washington Times 

National Review

The Blaze

Canada Free Press

Rush Limbaugh Show Transcripts

American Thinker

RightBias

The Heritage Foundation

Cybercast News

Tea Party Patriots

Yahoo! News

Google News

American Presidency Project

U. S. Constitution

Contact President

Contact U.S. House

Contact U.S. Senate

Flat and Fair Taxes   3/7/09

Features

Stock Market

Sports

Music

Weather

TV Schedule

TV Movie Information

Movies

Dear Abby

Horoscope

Comics

Technology

South Carolina Related Links

South Carolina Measures

Warranting Consideration

Getting Out the Vote Info

SC Voter Registration Form

SC Poll Mgrs Hdbk for Elections

George's Notes

for SC Poll Mgrs

SC Election Commission

S. C. State Ethics Commission 6/5/06

South Carolina 'State Legislature Information.

South Carolina Code

SC Hotline: Politics and Newspapers

South Carolina Google News

California Property Tax Cap'Experience

Horry County

Related Links

Getting Out the Vote Info

Horry County Government

Horry County Ordinances

Horry County Schools

Horry County Libraries

Horry County Democrats

Horry County Republicans

The Sun News

Myrtle Beach Herald

Horry Independent

Myrtle Beach Tea Party

Myrtle Beach Tea Party Bylaws 9/17/12

Myrtle Beach Tea Party Bylaws 9/2/11

Carolina Patriots

References

Dictionary

Encyclopedia

Almanac

Gazetteer

"All" References

Laws

Internet Archive

Healthfinder

Yahoo! People Search

Area Codes

Zip Codes

Thomas Register

Consumer Reports

Maps

Invisible Web

Librarians Index

Public Library Reference

Horry County

Library System

Open Directory

 

According to the July 28 Washington Times: “Pelosi House Democratic Leader Nancy Pelosi suggested Thursday that a House Republican deficit-reduction proposal could lead to the end of Medicare.” This is so ridiculous. There is no end to the lies that the Democrats will tell to scare seniors. 

 

The Rep. Paul Ryan Republican plan which apparently is no longer in contention because Democrats consider it too extreme, explicitly does not make any change in either Medicare or Social Security for those older than 55.

 

Its Medicare plan "provides a 'refundable tax credit' [payment regardless of income tax liability] of $2,300 for individuals and $5,700 for families" made directly to the health insurance plan of the individual's choice, offered by any state, and fully portable from job to job.

·        It fully funds Medical Savings Accounts for low incomes and allows all beneficiaries to set up tax-free MSAs.

·        It provides Medicaid beneficiaries with nearly $11,000 for health care costs.

·        It offers coverage through a state based exchange that meets the "same statutory standard used for the health benefits given to Members of Congress."

·        It provides for state health insurance high-risk pools for individuals who would otherwise be denied coverage due to pre-existing conditions.

·        And "The proposal limits lawsuit abuse without limiting legal justice" with a cap on non-economic damages "and assisting States in establishing solutions to medical tort litigation.”

 

The Congressional Budget Office indicates "these reforms will make Medicare permanently solvent."

 

The Social Security segment of the Ryan plan: in addition to not affecting anyone older than 55 provides the option for those under 55 “of investing over one third of their current Social Security Taxes into personal retiremnt accounts similar to theThrift savings Plan available to Federal employees” or to stay in the current plan.

  • It guarantees “that individuals will not lose a dollar they contribute to their accounts, even after inflation.”

  • “Each personal account is the property of the individual and the resource accumulated can be passed on to the individual’s descendants.

  • “When fully phased in, the personal accounts will average 5.1 percentage points of the current 12.4 percent Social Security payroll tax.”

According to the Congressional Budget Office, the Ryan Social Security Plan: “Makes the program permanently solvent . . . by combining a more realistic measure of growth in Social Securities initial benefits, with an eventual modernization of the retirement age.” The proposal would “have the effect of increasing the retirement age by 1 month every 2 years . . . until it reaches 70 in the next century.” 

 

An individual under 55 has remarked: “I don’t care if the retirement age is changed to 85, under the current system, Social Security will not even be in existence by then.”

 

These are the facts. The approaches are surprisingly scored to save Medicare and Social Security by the Congressional Budget office and I believe quite compassionate.