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Liar Romney Accuses President Obama Of Raiding The Medicare Trust Fund

pbrauer

pbrauer

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Audio Remarks On President Obama's Cuts To Medicare
Liar Mitt Romney said:
AUDIO REMARKS ON PRESIDENT OBAMA'S CUTS TO MEDICARE


MITT ROMNEY | AUGUST 17, 2012
This November, America will make a choice about the direction we want to go as a country – and nowhere is that choice clearer than on the issue of Medicare.

President Obama’s healthcare law raided $716 billion from the Medicare trust fund. And he did that to finance his takeover of the healthcare system. ...
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I am sorry folks, but it simply isn't true, the fact is that no benefits were cut. Because the Obama administration found waste, fraud and abuse from funds that were targeted for Medicare they able move those funds to close the Medicare Part D "Donut Hole". These funds currently amount to $716 billion.
 
pbrauer said:
Audio Remarks On President Obama's Cuts To Medicare


I am sorry folks, but it simply isn't true, the fact is that no benefits were cut. Because the Obama administration found waste, fraud and abuse from funds that were targeted for Medicare they able move those funds to close the Medicare Part D "Donut Hole". These funds currently amount to $716 billion.
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Before I say you are a liar, please show in detail the amount of money that was saved in each, waste, fraud and abuse? And in the fraud section who was prosecuted for fraudulently taking of Medicare funds? And how much was recovered in each case?
 
Born Free said:
Before I say you are a liar, please show in detail the amount of money that was saved in each, waste, fraud and abuse? And in the fraud section who was prosecuted for fraudulently taking of Medicare funds? And how much was recovered in each case?
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And while he is doing that perhaps you can list all the people who will have benefits cut as a result of this administration negotiated arrangement?
 
haymarket said:
And while he is doing that perhaps you can list all the people who will have benefits cut as a result of this administration negotiated arrangement?
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I will as soon as he responds to my request. Maybe you can help him to speed things up.

And now you say it's a negotiated arrangement? You mean recovering 716 billion in waste, fraud and abuse was a negotiated arrangement. With who? And who did you have a negotiated arrangement with all those that committed fraud?
 
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pbrauer said:
Audio Remarks On President Obama's Cuts To Medicare


I am sorry folks, but it simply isn't true, the fact is that no benefits were cut. Because the Obama administration found waste, fraud and abuse from funds that were targeted for Medicare they able move those funds to close the Medicare Part D "Donut Hole". These funds currently amount to $716 billion.
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What isn't true about it? Obamacare will raid Medicare for $716 billion. I have yet to see an article, with proof, showing that fraud and abuse money would amount to $716 billion. I may have missed it, and if so my apologies, but I'd love to see an article.

You are correct, no benefits were cut, yet. Lets call a spade a spade, he is taking $716 billion from Medicare. No way around it. It is fact. While no benefits have been cut yet, the Medicare fund is expected to be exhausted in 2024, and all this is going to do is exhaust the Medicare fund sooner rather than later.

And if they can come up with $716 billion from fraud and abuse, why not put that money back into Medicare and extend the fund longer? Medicare is already unsustainable, and it could really use the $716 billion and would prolong the life of Medicare somewhat.

Medicare fund will be exhausted by 2024:
Trustees say Medicare, Social Security funds running out quickly - The Hill's Healthwatch
 
Romney is a liar and a hypocrite. Not only is his claim BS, but he selected as his VP choice Paul Ryan who proposed not one but two budgets that retained the $700 billion Medicare provider adjustments, AND Romney said that he would have signed those budgets. This was a part of Romney's Medicare plan as late as last week, when he said his plan was remarkably similar to Ryan's. It was only a few days ago that Romney said he would restore that $700 billion ... but of course he has not and will not explain how his and Ryan's plan can work without those savings.
 
The thread title is over the top and not condusive to discussion on the merits.
 
pbrauer said:
Audio Remarks On President Obama's Cuts To Medicare


I am sorry folks, but it simply isn't true, the fact is that no benefits were cut. Because the Obama administration found waste, fraud and abuse from funds that were targeted for Medicare they able move those funds to close the Medicare Part D "Donut Hole". These funds currently amount to $716 billion.
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You think maybe there might be at least a little bit of truth to the Romney claim??

A teeny tiny bit....???
 
Born Free said:
Nice try. Once again duck and hide. Now I say without proof the OP is a lie.
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PB came through in his post #7 with what you asked for. Now its your turn as promised.
 
pbrauer said:
Here is a letter sent to Speaker Boehner detailing spending increases that would happen if PPACA were repealed:

http://www.cbo.gov/sites/default/files/cbofiles/attachments/43471-hr6079.pdf
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Page 3:


The ACA also includes a number of other provisions related to
health care that are estimated to reduce net federal outlays (primarily
for Medicare). By repealing those provisions, H.R. 6079 would
increase other direct spending in the next decade by an estimated
$711 billion.​
 
pbrauer said:
Page 3:


The ACA also includes a number of other provisions related to
health care that are estimated to reduce net federal outlays (primarily
for Medicare). By repealing those provisions, H.R. 6079 would
increase other direct spending in the next decade by an estimated
$711 billion.​
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So now Born Free will come through with his promised list of all the people who will be denied actual benefits. In case I miss it, somebody please PM me when it happens.
 
haymarket said:
So now Born Free will come through with his promised list of all the people who will be denied actual benefits. In case I miss it, somebody please PM me when it happens.
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He will not have a list because the Medicare Trust Fund was not raided as Romney said.
 
pbrauer said:
Page 3:


The ACA also includes a number of other provisions related to
health care that are estimated to reduce net federal outlays (primarily
for Medicare). By repealing those provisions, H.R. 6079 would
increase other direct spending in the next decade by an estimated
$711 billion.​
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So what this says is that the PPACA cut Medicare by $711 billion, just like Romney said. The money is being cut and spent on other things (particularly covering the uninsured, although that's not stated). Thanks, that clears everything up.
 
LowDown said:
So what this says is that the PPACA cut Medicare by $711 billion, just like Romney said. The money is being cut and spent on other things (particularly covering the uninsured, although that's not stated). Thanks, that clears everything up.
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No, read the OP. Romney said President Obama took $716 from the Medicare Trust Fund. That's a lie. What the president did was find inefficiencies and eliminated them and used the money to make Medicare better, by closing the Medicare Part D Donut Hole.
 
pbrauer said:
No, read the OP. Romney said President Obama took $716 from the Medicare Trust Fund. That's a lie. What the president did was find inefficiencies and eliminated them and used the money to make Medicare better, by closing the Medicare Part D Donut Hole.
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I would like to know how exactly he used 716$ to make Medicare "better". What I know is that under Obama, $716 billion that was originally in the Medicare Trust Fund is no longer there. You can try to spin it however you like. If we would like to compare Romney vs. Obama, the only one who effectively took money out of Medicare would be Obama.
 
sk132 said:
I would like to know how exactly he used 716$ to make Medicare "better". What I know is that under Obama, $716 billion that was originally in the Medicare Trust Fund is no longer there. You can try to spin it however you like. If we would like to compare Romney vs. Obama, the only one who effectively took money out of Medicare would be Obama.
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Really, can you prove this?
 
pbrauer said:
If Romney were to end the PPACA, he would increase spending on Medicare by $716 billion. his claim that this money would reduce benefits is a lie.

Romney’s right: Obamacare cuts Medicare by $716 billion. Here’s how.

The Romney campaign has gone on the offense on Medicare, charging that the Affordable Care Act “cuts $716 billion” from the entitlement program.


That $716 billion figure is one you’ll probably be hearing a lot about during this election cycle. It’s worth understanding where it comes from and what the spending reductions mean for the Medicare program.


First, where it comes from. On July 24, the Congressional Budget Office sent a letter to House Speaker John Boehner, detailing the budget impact of repealing the Affordable Care Act. If Congress overturned the law, “spending for Medicare would increase by an estimated $716 billion over that 2013–2022 period.”...

​
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.............
 
pbrauer said:
Why don't don't you read past the "headline?":lamo:lamo
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What are you talking about? She details most of the cuts in it.. Is that not what you wanted? :confused:
 
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