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.
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.
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.
-
5 artfully drawn cartoons about Donald Trump's Epstein doodle
Cartoons Artists take on a mountainous legacy, creepy art, and more
-
Violent videos of Charlie Kirk’s death are renewing debate over online censorship
Talking Points Social media ‘promises unfiltered access, but without guarantees of truth and without protection from harm’
-
What led to Poland invoking NATO’s Article 4 and where could it lead?
TODAY'S BIG QUESTION After a Russian drone blitz, Warsaw’s rare move to invoke the important NATO statute has potentially moved Europe closer to continent-wide warfare
-
House posts lewd Epstein note attributed to Trump
Speed Read The estate of Jeffrey Epstein turned over the infamous 2003 birthday note from President Donald Trump
-
Supreme Court allows 'roving' race-tied ICE raids
Speed Read The court paused a federal judge's order barring agents from detaining suspected undocumented immigrants in LA based on race
-
South Korea to fetch workers detained in Georgia raid
Speed Read More than 300 South Korean workers detained in an immigration raid at a Hyundai plant will be released
-
DC sues Trump to end Guard 'occupation'
Speed Read D.C. Attorney General Brian Schwalb argues that the unsolicited military presence violates the law
-
RFK Jr. faces bipartisan heat in Senate hearing
Speed Read The health secretary defended his leadership amid CDC turmoil and deflected questions about the restricted availability of vaccines
-
White House defends boat strike as legal doubts mount
Speed Read Experts say there was no legal justification for killing 11 alleged drug-traffickers
-
Epstein accusers urge full file release, hint at own list
speed read A rally was organized by Reps. Ro Khanna and Thomas Massie, who are hoping to force a vote on their Epstein Files Transparency Act
-
Court hands Harvard a win in Trump funding battle
Speed Read The Trump administration was ordered to restore Harvard's $2 billion in research grants