The bad ideas for cutting Medicare just keep on coming. The latest pitch came earlier this week from senators Joseph Lieberman, an independent, and Republican Tom Coburn. They suggested boosting Medicare’s eligibility age; increasing seniors’ out-of-pocket spending; and socking it to the wealthy via higher premiums.

We don’t have a Medicare problem – we’ve got a problem with medical inflation and skyrocketing healthcare costs that is hitting all Americans, young and old. Plans like Lieberman-Coburn – and the Ryan plan — just shift costs around and don’t get at the real issue.

Learn more in today’s column at Reuters Wealth.

Tags | Medicare