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Thread: Reality Check: Obama Cuts Social Security and Medicare by Much More Than the GOP

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    Reality Check: Obama Cuts Social Security and Medicare by Much More Than the GOP

    On Social Security: Ryan didn't cut Social Security by a penny. The president has proposed cutting the program's spending by $130 billion, by adopting a slower-growing measure of inflation. On Medicare: Ryan's budget kept Obamacare's Medicare cuts and added another $127 billion. His budget projects $6.74 trillion in Medicare spending between 2014 and 2023. Obama cuts even deeper with $380 billion in cuts below his baseline, and his budget projects $6.67 trillion in Medicare spending over the same period. Upshot: Obama's ten-year Medicare budget is $70 billion below the GOP, and his announced cuts are about $250 billion deeper than the GOP. (See below for brief explainer on differences.*)

    In fact, as Michael Linden at the Center for American Progress (who helped me with many of these numbers), pointed out, Obama's new proposal would mean about $1 trillion in lower Medicare spending in this decade compared to projections from before he took office. That includes the effects of slowing health-care inflation after the Great Recession. That's a 13 percent reduction!


    Read more @: Reality Check: Obama Cuts Social Security and Medicare by Much More Than the GOP - Derek Thompson - The Atlantic

    So much for that "progressive, socialist" president. It seems that the GOP need a reality check.


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    Re: Reality Check: Obama Cuts Social Security and Medicare by Much More Than the GOP

    We'll have to see if the POTUS's budget get any more votes than the last one.

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    Re: Reality Check: Obama Cuts Social Security and Medicare by Much More Than the GOP

    Quote Originally Posted by TheDemSocialist View Post
    So much for that "progressive, socialist" president.
    Will this offset his new spending?
    If you expect people to be rational, you aren't being rational.

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    Re: Reality Check: Obama Cuts Social Security and Medicare by Much More Than the GOP

    Because he is a fraud and a narcissist, I am not surprised in the least.

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    Outer space potato man

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    Re: Reality Check: Obama Cuts Social Security and Medicare by Much More Than the GOP

    Wasn't Ryan's plan basically privatization? Or ami thinking of a different one?
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: Reality Check: Obama Cuts Social Security and Medicare by Much More Than the GOP

    Obama hasn't cut anything.

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