Romney to forgo Medicare
Jackson, Mississippi (CNN) - Mitt Romney is celebrating his 65th birthday. But unlike many seniors who reach that age, the GOP presidential candidate will forgo the Medicare program, according to a source with the Romney campaign.
"No, he's keeping his current private insurance plan," a Romney source told CNN.
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Should Romney become the nominee, the disclosure that the former Massachusetts governor will opt against using Medicare could become a campaign issue. Romney has proposed drastic changes to the government insurance program for senior citizens.
Last month, Romney unveiled a Medicare reform package that included raising the program's eligibility age and offering seniors the option to enroll in a private insurance plan. The changes would take effect for new retirees in 2022.
The Romney campaign is gearing up for a debate over the proposals. In campaign emails, Romney aides accuse the President of mismanaging the program, saying Mr. Obama is "ending Medicare as we know it."
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Well he does have all that money he got from dissolving the pensions of people who worked all their lives for it.
After the election, we're bound to see a new book: "Campaign tricks that backfire," by Mitt Romney. It'll include a chapter on "Trying to prove I'm severely conservative but only succeeding in proving that I'm more wealthy than most Americans could even dream of."
Wow, mighty big move by Mr. .1% of the 1%.
Well he should forgo it, Medicare is not free, You pay 20% , plus deductible, and the coverage for premium for the donut holes (20% plus your drug, plus your out of pocket expense The only people who know what it costs are the people who are on Medicare. Trust me, his health care program is free and cover's it all. Who is he kidding. Is he going to collect SS benefits? He didn't say.
Mitt Romney is a poster child for everything that is wrong with our federal income tax system. He has an income in the millions and millions of dollars per year, but yet he pays a lower tax rate than 99% of us. He's even paying a lower rate than those making their income mainly off of so called capital gains, which reminds me.
George W. Bush lowered the capital gains tax rate to today's ridiculously unfair level of 18%. Yes, unfair. Here's why. I start up my own company, which sells widgets. Mitt Romney starts up his own company, which sells capital. When I draw income from my company, it is treated as earned incom. When Mitt draws income from his company, it is treated as capital gains.
Our companies are generically identical, except for one key difference, the product that we each sell. I sell widgets, so my income is taxed at a higher rate. Mitt sells capital, so his income is taxed at a lower rate. That is capriciously unfair, and it began under the first round of the Bush Tax Cuts.
I hope all republicans follow Mittens example and forgo medicare, social security, and all those other socialist programs.
Romney thinks the President is "mismanaging Medicare?" What? As a Medicare recipient who paid in for 45 years, it is as efficient a program as Social Security and a credit to the federal government. Anyone who thinks differently does not know what they are talking about. And I have a zero payment POS HMO plan on top of Medicare. Essentially my prior health insurance company takes the Medicare assignments and treats this as a premium like my prior private coverage. Same doctors as always too...
must be nice not to need medicare. Or does he know if he is elected it won't be there.
"He has an income in the millions and millions of dollars per year, but yet he pays a lower tax rate than 99% of us."
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How can you say that when 50% pay zilch?
To say Romney will pass up on Medicare and keep his current health insurance plan doesn't really mean much. He could self-fund health care for 10 Mitt Romneys for the next 50 years and still come out on top. What matters is that it is the best plan and in many cases the only plan available to most Americans (maybe 99%) at age 65.
out of touch, completely. Yet another gimmick by Mittens that will backfire
"Our companies are generically identical, except for one key difference, the product that we each sell. I sell widgets, so my income is taxed at a higher rate. Mitt sells capital, so his income is taxed at a lower rate. "
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So he made a better business decision. This is bad why?
The panderer in chief is really reaching for straws.