With the U.S. budget deficit still spiraling amid partisan stagnation and deadlock in Washington, two lawmakers, one a Republican and the other a Democrat, have finally come together to advance a proposal that would revamp the runaway costs of Medicare. Though solons in the nation’s capital have refused thus far to address entitlement spending -- there’s no way to bring the budget under control without changes to both Medicare and Social Security -- perhaps this is a ray of hope that there are some people in Washington who are willing to work together to salvage the fiscal integrity of the country. Sen. Ron Wyden of Oregon, a Democrat, and Rep. Paul Ryan of Wisconsin, a Republican, have advanced a proposal known as premium support.
Medicare