Ryan releases Medicare video

Rep. Paul Ryan (R-Wis.) is out Wednesday morning with a new video defending his plan to reform Medicare.

The video comes a day after Republican Jane Corwin went down in defeat against Democrat Kathy Hochul in the New York 26th District special election, largely due to the Ryan Medicare plan that was part of the budget the House passed last month.

“Washington has not been honest with you about Medicare,” Ryan said in a video shot in the House Budget Committee room.

“The urgent need to reform Medicare and the president’s misguided approach have left us with a serious question to ask: Who should be making healthcare decisions for you and your family? A government monopoly and a panel of bureaucrats in Washington, D.C.? Or you?‬” he asks.

He goes on to explain why he is advocating turning Medicare into a type of voucher system for those currently under the age of 55.

Ryan will appear at the Peter G. Peterson Foundation's 2011 Fiscal Summit later Wednesday.