GOP opens Medicare hearing with assault on health law's cost-cutting board

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The IPAB repeal effort gained new momentum on Monday when Ways and Means health panel member Bill Pascrell (D-N.J) became the 17th Democrat to sign onto the House repeal bill. And in the Senate, repeal sponsor John Cornyn (R-Texas) introduced legislation earlier this month that's paid for by making people repay their health law subsidies if an income increase changes their eligibility status.

Ryan highlighted the IPAB, which Republicans refer to as a "rationing board," to champion his own "premium support" approach of giving seniors subsidies to buy private insurance.

However, Democrats and many healthcare experts say Ryan's approach would shift more healthcare spending onto seniors.