Quico Canseco’s recent ad claims that President Obama is advocating changes to the Medicare drug plan that would cost seniors more. Well that’s calling the kettle black since it was Mr. Canseco who voted for the Ryan budget which would have killed Medicare as we know it entirely and cost seniors $6,000 a year more.
The Ryan budget would have replaced the entire Medicare program with a voucher that paid a fixed amount with no connection to the cost of insurance premiums. So while the amount the voucher was worth would increase as overall inflation increased it would not have kept up with medical insurance increases because those costs have increased at two to three times the rate of overall inflation. In no time at all seniors would be paying $6,000 a year more than they do now and it wouldn’t stop there.
So I ask you who’s really advocating for increasing the cost of medical insurance for seniors? Canseco, that’s who.