It is a wonderful thing for Barack Obama that Mitt Romney has selected Paul Ryan as his running mate! So goes the chorus of lockstep liberal sycophants.
So I figure Romney must be onto something.
The other refrain is the ubiquitously bleated Democrat talking point that Ryan’s proposals would “increase Medicare costs for seniors by thousands of dollars a year.” I bet I read that 20 times today.
There’s just a tiny little problem with it: it’s not true. The National Review editorial on the topic explains:
The Romney-Ryan proposal — which has the support of liberal Democratic senator Ron Wyden of Oregon — would let senior citizens choose a coverage plan provided either by the federal government or by a private company. The government would defray the cost of purchasing the plan selected. The providers would submit bids showing the premiums they would charge to cover the benefits Medicare has traditionally offered. The second-lowest bid would set the amount the government would provide for each beneficiary.
Seniors who picked the second-cheapest provider would have their entire premium paid by the government, and seniors who picked the cheapest would get a check for the difference. Seniors who picked a more expensive plan would have to pay the difference out of pocket.
Indeed, let’s rush to define Paul Ryan—with the truth.