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Here is President Obama speaking earlier this week on the outskirts of Cleveland:
You know, the most insidious argument they’re making is the idea that somehow [Obamacare] would hurt Medicare. I know we’ve got some seniors here with us today. . . . But I want to tell you directly: This proposal adds almost a decade of solvency to Medicare. . . . And every senior should know there is no cutting of your guaranteed Medicare benefits. Period. No "ifs," "ands," or "buts." This proposal makes Medicare stronger, it makes the coverage better, and it makes the finances more secure. And anybody who says otherwise is either misinformed — or they’re trying to misinform you. Don’t let them hoodwink you. They’re trying to hoodwink you.
The Congressional Budget Office (CBO), not known for hoodwinking, says that about 40 percent of Obamacare — about $1 trillion out of $2.5 trillion over the bill's real first decade (2014 to 2023) — would be financed by diverting money out of Medicare. Over $200 billion of that would come from cuts in Medicare Advantage payments — about $21,000 per enrollee over those same ten years, according to the CBO. Taking nearly $1 trillion out of Medicare and spending it on Obamacare wouldn't make Medicare more solvent — quite the opposite — and it wouldn't extend Medicare's solvency by ten years — or, for that matter, by ten months, ten days, or even ten minutes....
maybe it's like his "no tax increases for anyone under 250,000" pledge, where he just assumes everyone knows he's full of it?
You know, the most insidious argument they’re making is the idea that somehow [Obamacare] would hurt Medicare. I know we’ve got some seniors here with us today. . . . But I want to tell you directly: This proposal adds almost a decade of solvency to Medicare. . . . And every senior should know there is no cutting of your guaranteed Medicare benefits. Period. No "ifs," "ands," or "buts." This proposal makes Medicare stronger, it makes the coverage better, and it makes the finances more secure. And anybody who says otherwise is either misinformed — or they’re trying to misinform you. Don’t let them hoodwink you. They’re trying to hoodwink you.
The Congressional Budget Office (CBO), not known for hoodwinking, says that about 40 percent of Obamacare — about $1 trillion out of $2.5 trillion over the bill's real first decade (2014 to 2023) — would be financed by diverting money out of Medicare. Over $200 billion of that would come from cuts in Medicare Advantage payments — about $21,000 per enrollee over those same ten years, according to the CBO. Taking nearly $1 trillion out of Medicare and spending it on Obamacare wouldn't make Medicare more solvent — quite the opposite — and it wouldn't extend Medicare's solvency by ten years — or, for that matter, by ten months, ten days, or even ten minutes....
maybe it's like his "no tax increases for anyone under 250,000" pledge, where he just assumes everyone knows he's full of it?
