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As you all know by now Raul Ryan's much ballyhooed speech at the Republican Convention has been torn asunder by analysts and journalists for its numerous distortions and falsehoods.

I want to focus on how the most glaring and indefensible lie of them all. Ryan's claim that "Obamacare came at the expense of the elderly" was not just exposed by it shows Ryan wanted to implement those same changes himself and claim the credit.  



3. Ryan criticized Obama for cutting seven hundred billion dollars from Medicare:

You see, even with all the hidden taxes to pay for the health-care takeover, even with new taxes on nearly a million small businesses, the planners in Washington still didn’t have enough money. They needed more. They needed hundreds of billions more. So, they just took it all away from Medicare. Seven hundred and sixteen billion dollars, funneled out of Medicare by President Obama. An obligation we have to our parents and grandparents is being sacrificed, all to pay for a new entitlement we didn’t even ask for. The greatest threat to Medicare is Obamacare, and we’re going to stop it.
Ryan’s famous budget plan, the Path to Prosperity, repealed every aspect of Obamacare except the changes to Medicare.
FactCheck exposes Ryan as a Fraud in no uncertain terms.  
Ryan’s VP Spin
Taking Money from Medicare?

Ryan continued the campaign’s false line of attack that Obama had “funneled” money out of Medicare to pay for the federal health care law “at the expense of the elderly.” But that’s contradicted by Medicare’s chief actuary, in a statement at the end of the most recent report of the system’s trustees (our emphasis added):

Medicare Actuary, April 23, 2012: [Obama's] Affordable Care Act makes important changes to the Medicare program and substantially improves its financial outlook …

Medicare’s money isn’t being taken away. The Affordable Care Act calls for slowing the growth in spending, a move that — if successful — would keep the hospital insurance trust fund solvent for longer than if the reductions didn’t happen.

Ryan himself proposed keeping most of these same spending cuts in his most recent “Path to Prosperity” budget. Yet, Ryan criticized Obama’s cuts as “the biggest, coldest power play of all” and suggested seniors would suffer as a result.

Ryan, Aug. 29: And the biggest, coldest power play of all in Obamacare came at the expense of the elderly. … [T]hey just took it all away from Medicare, $716 billion funneled out of Medicare by President Obama.

The Affordable Care Act calls for a $716 billion reduction in the future growth of Medicare spending over 10 years, with most of that — about $415 billion — coming from a reduction in the future growth of payments to hospitals through Medicare Part A. And Medicare Part A’s trust fund, as we’ve explained before, is in trouble financially. It’s set to be insolvent in 2024, even with these spending cuts. Without them, the trust fund wouldn’t be able to fully pay projected benefits in 2016, the Medicare trustees estimate.

Of course none of this will pierce the hyper partisan media bubble most rank and file Republicans restrict themselves to.  Too bad.

Originally posted to Lefty Coaster on Thu Aug 30, 2012 at 12:27 PM PDT.

Also republished by ClassWarfare Newsletter: WallStreet VS Working Class Global Occupy movement.

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Comment Preferences

  •  If its Ryan He be Lyin (16+ / 0-)

    "We don't need someone who can think. We need someone with enough digits to hold a pen." ~ Grover Norquist

    by Lefty Coaster on Thu Aug 30, 2012 at 12:26:59 PM PDT

  •  I've explained it like this, hope it's correct (5+ / 0-)

    The LIE about "cuts" to Medicare via Obamacare.....

    Ryan simply copied Obamacare's $716B cuts in waste, fraud, and abuse from Medicare. The insurance industry and hospitals AGREED to the cuts, perhaps in exchange for 30 million new customers.

    Obamacare uses the SAVINGS to provide preventive services and annual wellness checks for Seniors with NO co-pays - provides lower cost for medications - and keeps premiums low.
    The Ryan/Romney MediScare plan with groupon privatizes Medicare and uses the $716B cuts to pay for more tax cuts for millionaires - while costing Seniors $6400 MORE annually!!
    Rmoney/Ryan promise to END Obamacare - so Seniors would LOSE all the new preventive services and return to HIGHER costs for medications.

    GOP = Goodluck Old People

    "Tax cuts for the 1% create jobs." -- Republicans, HAHAHA - in China

    by MartyM on Thu Aug 30, 2012 at 12:38:33 PM PDT

  •  It's the 'big lie' (3+ / 0-)

    and it might just work because it's easy to believe, but look how much writing it takes to refute.

    I've tried to explain it to several people, but they won't pay attention long enough to fully understand the lie.

    It's so much easier to nod your head to 'Obama's stealing from your Medicare to pay for Obamacare'.

    After all, many people think, they wouldn't say it if it wasn't true, would they?

    They're honest people, aren't they?


    Against stupidity the gods themselves contend in vain. Friedrich Schiller

    by databob on Thu Aug 30, 2012 at 01:27:36 PM PDT

    •  Agree, the whole strategy is put Dems on defensive (2+ / 0-)

      and it is a bit of lengthy explanation to fully understand it. The "Death Panels" meme was the same kind of tactic. But the hypocrisy here is stunning: a Republican candidate who claims to be gravely concerned about the deficit, complaining about a bill that reduces government spending.

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