Jeb Bush wants to 'phase out' Medicare

In New Hampshire last night, Jeb Bush was at an event sponsored by one of the Koch brothers' political organizations, and he spoke about health care policy. Referring to Medicare, he said that while current beneficiaries should stay on the program, we should "figure out a way to phase out this program for others and move to a new system," because it will eventually collapse otherwise. Watch:
Two points: First, predictions of an explosion in federal health care spending are driven entirely by rising health care costs, not the generosity of Medicare as a program. Bring costs in line with other developed nations, and not only is Medicare secure, but the future deficit problem vanishes.
Second, the rate of increase in health care spending has slowed dramatically since the passage of ObamaCare. As Steve Benen notes, before that Medicare was predicted to run into funding difficulties by 2017. Now the date has been pushed back to 2030, and the projected level of Medicare spending in 2090 has been reduced from 13 percent of GDP to just 6 percent.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
In other words, Medicare is doing fine. But Bush shows that the idea that Medicare is out of control remains an accepted fact among Republican presidential hopefuls — expect more of the same as the campaign heats up.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Ryan Cooper is a national correspondent at TheWeek.com. His work has appeared in the Washington Monthly, The New Republic, and the Washington Post.
-
North Korea (sort of) welcomes tourists again
Under the Radar 'Hermit kingdom' allows foreign visitors for the first time since 2020 – but only in limited areas
By Harriet Marsden, The Week UK Published
-
Today's political cartoons - February 23, 2025
Cartoons Saturday's cartoons - loser's game, unexpected consequences, and more
By The Week US Published
-
5 slow on the draw cartoons about Democrats' response to Trump
Cartoons Artists take on taking a stand, staying still as a statue, and more
By The Week US Published
-
Mitch McConnell won't seek reelection
Speed Read The longest-serving Senate party leader is retiring
By Rafi Schwartz, The Week US Published
-
Trump reportedly wants to take over US Postal Service
Speed Read President Trump is making plans to disband the leadership of USPS and absorb the agency into his administration
By Peter Weber, The Week US Published
-
Trump seeks to end New York's congestion pricing
Speed Read The MTA quickly filed a lawsuit to stop the move
By Peter Weber, The Week US Published
-
Trump officials try to reverse DOGE-led firings
Speed Read Mass firings by Elon Musk's team have included employees working on the H5N1 bird flu epidemic and US nuclear weapons programs
By Peter Weber, The Week US Published
-
Trump blames Ukraine for war after US-Russia talks
Speed Read The US and Russia have agreed to work together on ending the Ukraine war — but President Trump has flipped America's approach
By Peter Weber, The Week US Published
-
Musk's DOGE seeks access to IRS, Social Security files
Speed Read If cleared, the Department of Government Efficiency would have access to tax returns, bank records and other highly personal information about most Americans
By Peter Weber, The Week US Published
-
Senate confirms RFK Jr. as health secretary
Speed Read The noted vaccine skeptic is now in charge of America's massive public health system
By Peter Weber, The Week US Published
-
Trump lays out plans for broad 'reciprocal' tariffs
Speed Read Tariffs imposed on countries that are deemed to be treating the US unfairly could ignite a global trade war and worsen American inflation
By Peter Weber, The Week US Published