Fact Check: Enough of the GOP Medicare BS

The new lie from the Romney camp and its hatchet men is that the Affordable Care Act cuts $716 billion from Medicare. Mitt Romney himself says that President Obama "stole $716 billion from Medicare to fund Obamacare" and that current seniors are seeing a reduction in their benefits and their service. All of it is absolute horse shit.

And thank you, Soledad O'Brien for giving us a concise look at the facts.

 


This has to be shouted from the mountaintops. I don't give a shit that Paul Ryan's plan which Mitt Romney embraces, cuts the same amount of money out of the Medicare program. This is a bad argument for the mere fact that it'll get convoluted in a "both sides are the same" meme.

The argument is that ACA reduces Medicare increases by $716 billion over 10 years by reducing payments and streamlining the system and pumps that savings back into the healthcare system. Romney and Ryan would have that $716 billion come from the pockets of those who can least afford it, namely seniors on a fixed income, by restructuring Medicare into a voucher system that will never keep up with the rising cost of healthcare, especially if they plan on "repealing ALL of Obamacare" as Romney continues to threat.

And here's a great catch from Bob Cesca on the latest Romney ad flat out lying about the CBO report that I didn't catch the first time I saw it:

...the CBO’s director Doug Elmendorf wrote that if the House Republicans repeal the Affordable Care Act, the repeal would increase federal spending on Medicare by $716 billion. There’s nothing about cutting Medicare in there. NOTHING. Romney and his campaign are lying. Again. And they’ll keep on doing it.

(Cross-posted on ABLC)