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Smoking Gun: Obama Admits He Cut Billions from Medicare to Fund Obamacare
Townhall ^ | August 15, 2012 | Guy Benson

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 ...


TOPICS: Editorial
KEYWORDS: 2012; abortion; bhofascism; corruption; deathpanels; democrats; election; elections; medicare; nobama2012; obama; obamacare; zerocare
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1 posted on 08/15/2012 1:49:37 PM PDT by cruise_missile
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To: cruise_missile
TAPPER: “One of the concerns about health care and how you pay for it — one third of the funding comes from cuts to Medicare.”

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.”

OBAMA: “Right.”

TAPPER: “You saw that with the ‘doc fix’.”

OBAMA: “Right.”

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 wouldn’t sign a bill that didn’t meet that criteria.”

2 posted on 08/15/2012 1:53:29 PM PDT by Red Steel
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To: cruise_missile

Uh oh, Democrats aren’t going to like this, unless they simply choose to ignore it. That’s all but about 4 of them.


3 posted on 08/15/2012 1:59:02 PM PDT by Telepathic Intruder (The right thing is not always the popular thing)
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To: cruise_missile; Red Steel
Video:

Flashback: Obama Defends Cuts to Medicare to pay for ObamaCare

4 posted on 08/15/2012 1:59:17 PM PDT by TexasCajun
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To: cruise_missile

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.

sarcasm off


5 posted on 08/15/2012 1:59:35 PM PDT by GreyFriar (Spearhead - 3rd Armored Division 75-78 & 83-87)
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To: GreyFriar
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.

sarcasm off

Then you are ready to run for Congress.

6 posted on 08/15/2012 2:54:09 PM PDT by DrDavid (George Orwell was an optimist.)
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To: cruise_missile
the people who will vote for Obama have cognitive reasoning disorders. They will vote for Obana no matter what.

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

7 posted on 08/15/2012 3:34:48 PM PDT by KTM rider
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To: cruise_missile
Smoking Gun: Obama Admits He Cut Billions from Medicare to Fund Obamacare

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.

8 posted on 08/15/2012 3:36:59 PM PDT by DustyMoment (Congress - another name for white collar criminals!!)
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To: ADemocratNoMore; advertising guy; aft_lizard; AJMaXx; Alice in Wonderland; american colleen; ...

To all of my 750+ ping list members.

Smoking Gun: Obama Admits He Cut Billions from Medicare to Fund Obamacare. (Over $700 Billion cut)
http://townhall.com/tipsheet/guybenson/2012/08/15/video_obama_admits_he_cut_billions_from_medicare_to_fund_obamacare


9 posted on 08/15/2012 3:40:20 PM PDT by Las Vegas Dave (".....All 57 states must stand together and defeat usurper O-bozo!.....")
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To: cruise_missile

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.


10 posted on 08/15/2012 3:46:27 PM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: DustyMoment

It’s news because of the Ryan pick.


11 posted on 08/15/2012 3:47:44 PM PDT by cruise_missile
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To: Doogle

Team Kenya hasn’t come clean. The quotes are in an old interview from 2009.


12 posted on 08/15/2012 3:52:06 PM PDT by lodi90
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To: KTM rider
They are Idiocrats and it is incurable.

The DemocRATic party preys on the ignorant!

13 posted on 08/15/2012 3:53:02 PM PDT by Las Vegas Dave (".....All 57 states must stand together and defeat usurper O-bozo!.....")
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To: lodi90

expect it as soon as Ryan starts to talk....the VP debate should be a walk over


14 posted on 08/15/2012 3:56:05 PM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: cruise_missile
Some of the comments at the conclusion of the TH article are priceless.

(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.)

15 posted on 08/15/2012 4:07:19 PM PDT by mellow velo (Oxymorons: jumbo shrimp, rap music, liberal think-tank)
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To: cruise_missile
This article points out that the popular MEDICARE ADVANTAGE program for current seniors has already been cut. i.e. no longer an option for them if Obamacare survives this Nov election. This is and will be a huge financial hit for those seniors who have had it available in their state. Florida seniors love the program as do seniors in other states where they have the opportunity to chose it. Eric Bolling on THE FIVE program at FOX this evening emphasized the situation for seniors who have chosen MEDICARE ADVANTAGE for their health care program. He said that this program is already slashed from Obamacare. This is extremely important for medicare seniors to know and additionally for them to realize how much there is unknown about Obamacare that has been kept hidden and/or obscured with incomprehensible doublespeak.
16 posted on 08/15/2012 4:27:13 PM PDT by mountainfolk
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To: cruise_missile
Is anyone going to break the news to Soledad O'Brien?
17 posted on 08/15/2012 4:28:35 PM PDT by Lysandru
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To: Lysandru

Maybe post this to the liberal web page she reads when she is on the air.


18 posted on 08/15/2012 4:30:56 PM PDT by cruise_missile
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To: cruise_missile

19 posted on 08/15/2012 5:03:14 PM PDT by CharlesMartelsGhost
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To: cruise_missile
Axelrod v. Cutter On Medicare

Obama In November 2009: Right, One-Third Of ObamaCare Funding Comes From Cuts To Medicare

Obama in 2005 Attacks Bush For Not Tackling Medicare

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.

20 posted on 08/15/2012 5:08:36 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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