Rep. Paul Ryan’s New Budget to Repeal ObamaCare, Replace Medicare

By:  Bob Adelmann
Rep. Paul Ryan’s New Budget to Repeal ObamaCare, Replace Medicare

The underlying assumptions of Rep. Paul Ryan's new budget to be unveiled on Tuesday, which include repealing ObamaCare and replacing Medicare, make his promise that the federal budget will be balanced in 10 years highly suspect.

On Tuesday Rep. Paul Ryan (R-Wis.), chairman of the House Budget Committee, will roll out his new plan to balance the budget but, unlike last year’s plan, his new one will likely promise to balance the budget in 10 years instead of in 25. One key assumption to make it work is to repeal ObamaCare. Ryan told Fox News: "Our budget does promote repealing ObamaCare and replacing it with a better system. I’m very confident this is the way to go."

That’s a very large assumption that Chris Wallace of Fox News challenged on Sunday:

Wallace: Are you saying, as part of your budget you assume the repeal of ObamaCare?

Ryan: Yes.

Wallace: Well, that’s not going to happen.

Ryan then responded that it really wasn't an assumption after all, just a suggestion as to where he’d like to go:

We believe ObamaCare is a program that will not work. We believe ObamaCare will actually lead to hospitals and doctors and health care providers turning people away.

We don’t think healthcare’s going to be improved in this country. We think it’s going to look very ugly over the next couple of years.

That’s why we’re going to propose replacing ObamaCare with patient-centered health care — with a better healthcare system for everybody.

Nevertheless, by including the assumptions that ObamaCare and its related costs will disappear — along with increased revenues generated by an allegedly improving economy, the increased taxes coming in from the “fiscal cliff” deal, and the winding down of the U.S. military presence in Afghanistan and Iraq — Ryan thinks the shrinkage of the gap between the government’s income and outgo will be sufficient to balance the budget by 2022.

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