We’ve been particularly wary of plans described as “fixes” to Social Security and Medicare. NPR reported that Mulvaney “wants to overhaul” Social Security, Medicare and Medicaid. Mulvaney also has described Social Security as a “Ponzi scheme,” a term he tried to evade during his Jan. 24 confirmation hearing. As Bernstein pointed out, politicians understand that Social Security and Medicare are beloved by Americans, and for good reason: They represent value for money. Under House Speaker Paul Ryan's plan to "save" Medicare, total costs would rise and enrollees' share of the total would soar.
Source: Los Angeles Times February 01, 2017 22:28 UTC