Fox News
Expand
Browse All Video
Watch Live

You're watching...

Paul Ryan to unveil plan aimed at repealing ObamaCare

Details

  • Description

    Jim Angle reports from Washington, D.C.

  • Duration 2:15
  • Date

Clips

Also in this playlist...

Editor's Picks

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Back to Washington now in congress and Paul Ryan is preparing to unveil a new budget plan one that takes aim really.

At repealing president Obama's signature health care law as its centerpiece for -- -- by chief national correspondent Jim Angle.

Live in our Washington bear out warnings -- Good morning Martha -- that drive Paul arrived presents a new balance budget plan this week.

Which aims for balance in 20/20 three -- one way to get there he says is to repeal obamacare.

We believe that Obama care is a program that will not work we believe obamacare will actually lead.

The hospitals and doctors and health care providers.

Turning people away.

Because the president financed obamacare in part with 716.

Billion dollars in cuts to providers.

And Medicare was already -- deep financial trouble listen.

You have to remember all that money that was taken from.

Medicare.

Was the paper obamacare we say we get rid of obamacare we and the -- and we -- those savings to Medicare to make Medicare more solvent and the solvency of Medicare trust fund.

Now President Obama made cuts to Medicare to make obamacare appear to be budget neutral nonpartisan deficit hawks agree that the president's action let Medicare the federal budget in even worse shape because you can't spend the same dollars -- let's.

So it didn't actually.

Bring down the costs of Medicare.

Which means they're still a lot more -- it has to be done and we've already used those savings to offset the cost of some new federal health care spending.

Now Ryan's budget by the why would that not actually cut federal spending it would only reduced the rate of increase.

Mr.

Obama's plan called for 46 trillion more spending over the next ten years Ryan would reduce that to 41 trillion Wednesday -- Now of course repealing obamacare is unlikely to get through the senate but raising the issue of how much the president took for Medicare to make obamacare look revenue neutral.

Could make a health care program that has already unpopular even more so.

Polls from fox and other media organizations.

Show a majority of people want to repeal all or part of the president's plan Martha.

Going to be interesting to see what happens only in Washington can you last spend money that you haven't saved yes that's that's an interesting idea.

Thank you chancellor would.

Load More