Impact of the Republican Budget on Medicare
According to the Energy and Commerce Committee, Ryan’s budget affected CongressmanPaulsen’s district in the following ways:
Increase prescription drug costs for
9,700 Medicare beneficiaries
in the district who enter thePart D donut hole, forcing them to pay an extra
for drugs over the next decade.
Eliminate new preventive care benefits for
87,000 Medicare beneficiaries
in the district.
490,000 individuals age 54 and younger
in the district access to Medicare’s guaranteed benefits.
Increase the out-of-pocket costs of health coverage by
over $6,000 per year in 2022
$12,000 per year in 2032
118,000 individuals in the district who are betweenthe ages of 44 and 54.
Require the 118,000 individuals in the district between the ages of 44 and 54 to save an additional
for their retirement – an average of
$182,000 to $287,000 per individual
– to payfor the increased cost of health coverage over their lifetimes. Younger residents of the district willhave to save even higher amounts to cover their additional medical costs.
Raise the Medicare eligibility age by at least one year to age 66 or more for
inthe district who are age 44 to 49 and by two years to age 67 for
in the districtwho are age 43 or younger. [Committee on Energy and Commerce,June 2011]
Would Agree to Less than $61 Billion in Cuts for the 2011 Fiscal Year
In March 2011, Paulsen said he would accept less than the $61 billion in cuts Republicans had previously promised. He thenrailed against Senate Democrats saying “they’ve offered zero” cuts and said that even $20-30 billion cut proposal would “be areally good starting point for actual conversation and negotiation.” [Minnesota Public Radio,3/04/11]
Supported Cutting Defense Budget
In March 2011, Paulsen said he believes “every dollar’s got to be on the table, including defense spending and everythingelse.” [Minnesota Public Radio,3/04/11]
Said He Wants to Stop Raising the Debt Ceiling
In a January 2011 interview, Paulsen said, “The debate over our debt ceiling proves that it's time Congressworks towards a balanced budget and getting our fiscal house in order. And I'm hopeful that in this newyear, with a new House majority, we can stop kicking the can down the road and finally solve that issue.”He then continued to say that he believes efforts should be combined with a committed plan on loweringspending.
Proposed a five-year federal spending freeze that may cost Minnesota $5.5 million