Skip to comments.Smoking Gun: Obama Admits He Cut Billions from Medicare to Fund Obamacare
Posted on 08/15/2012 1:49:30 PM PDT by cruise_missile
We've been having some fun with a clip of David Axelrod angrily denouncing the fact that President Obama gutted Medicare by $700 Billion in order to partially pay for a brand new entitlement program. Axelrod's campaign colleague Stephanie Cutter refuted him on another show, calling the Medicare cuts an "achievement." But pay attention to the argument Axelrod makes here:
Brace yourselves, Floridians -- I imagine you're going to see this exchange a quite a lot on your television screens over the next few months. Here we have Obama nonchalantly confirming that his unaffordable and unpopular healthcare transformation relied on hundreds of billions of dollars in Medicare cuts. He wasn't slashing $700 Billion out of (current, not future) Medicare to help that program remain solvent, mind you; he was, er, "re-allocating" that money to help construct a brand new entitlement scheme. The purpose of this eye-popping transfer of dollars, he says, was to ensure that Obamacare would not add a dime to the deficit. In the clip, he affirms that he would have vetoed any bill that added to the deficit, and pledged to bend the overall healthcare cost curve down. A few problems:
(1) Obamacare's price tag is almost double what Democrats said it would be over the first full decade of implementation.
(2) Obamacare does add to the deficit, despite the Medicare raid. (Paul Ryan exposed these accounting gimmicks at the healthcare summit)
(3) The national healthcare cost curve has actually been bent up, with costs expanding faster than if Democrats hadn't passed Obamacare at all.
(4) Medicare "as we know it" is still scheduled to become insolvent in 12 years, absent major reforms.
(Excerpt) Read more at townhall.com ...
BARACK OBAMA: Right.
TAPPER: A lot of times, as you know, what happens in Congress is somebody will do something bold and then Congress, close to election season, will undo it.
TAPPER: You saw that with the doc fix.
TAPPER: Are you willing to pledge that whatever cuts in Medicare are being made to fund health insurance, one third of it, that you will veto anything that tries to undo that?
OBAMA: Yes. I actually have said that it is important for us to make sure this thing is deficit neutral, without tricks. I said I wouldnt sign a bill that didnt meet that criteria.
Uh oh, Democrats aren’t going to like this, unless they simply choose to ignore it. That’s all but about 4 of them.
Cutting Medicare by zero dollars, like those nasty Republicans and conservatives, want to do is BAD. Reallocating $716 billion in Medicare funds to help others with Obamacare is GOOD.
Say this 25 times a day until you believe it.
Say this 25 times a day until you believe it.
Then you are ready to run for Congress.
Obama could promise to euthanize anyone with medical conditons that would jeapordize the funding of Obamacare and they would still vote for him anyway.
They are Idiocrats and it is incurable
I don't understand why this is news today. We knew this was happening during the ZeroCare debate.
All this BS about Ryan or Romney or the 'Pubbies killing Medicare when it was, in fact, zero and the Dems!!
I'd laugh at this crapola if it weren't enough to make me weep for this country.
To all of my 750+ ping list members.
Smoking Gun: Obama Admits He Cut Billions from Medicare to Fund Obamacare. (Over $700 Billion cut)
ODUNGO had to come clean because Ryan has the ability to explain it all and show just how much Odungo has lied....not that Odungo’s admission has to stop Ryan from doing it.
It’s news because of the Ryan pick.
Team Kenya hasn’t come clean. The quotes are in an old interview from 2009.
The DemocRATic party preys on the ignorant!
expect it as soon as Ryan starts to talk....the VP debate should be a walk over
(although, it appears one of the respondents uses the same anti-Romney/Ryan cut & paste reply over & over again ... kinda reminds me of someone at FR.)
Maybe post this to the liberal web page she reads when she is on the air.
UPDATE - Some liberals claim Obama's $700 Billion Medicare cut hasn't affected services for seniors at all. This is untrue. The cuts have already slashed the popular Medicare Advantage program for current seniors -- to say nothing of the impending cuts when Medicare Part A goes insolvent in 12 years, or the rationing board's decisions.
Obama did say that old American grandmothers may only qualify to receive pills instead of procedures... that is depending on what his ‘death councils’ recommend. I cannot wait for Frank Luntz to round up some of those random so called ‘Independents’ and break this news flash to them.
Thanks for the ping. With so much info flying about, it’s good to be reminded of this odious aspect of ObamaCare.
Thanks Las Vegas Dave.