ONE-THIRD of the funding for ObamaCare comes by Obama gutting Medicare.
Hat tip to Rush Limbaugh
It is a FACT: Obama takes $716 billion out of Medicare to fund his ObamaCare. Anybody who cares about Medicare cannot in good conscience vote for the man with the plan that does that.
It is ALSO a FACT that ABC News points out that in the same interview Barack Obama pledges to veto ANY attempt to undo his gutting of Medicare. ABC posts the relevant portion of the interview transcript:
TAPPER: One of the concerns about health care and how you pay for it — one third of the funding comes from cuts to Medicare.
PRESIDENT 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. The full transcript of the interview can be read here.
-Jake Tapper
Democrats live by the mantra, “Facts are terrible things. And they have to be buried at all cost.”
Especially when that “cost” comes out of the guts of Medicare.
Tags: $716 billion, gutted Medicare, Jake Tapper, Medicare, one third of the funding comes from cuts to Medicare, Paul Ryan, veto
Start Thinking Right 
August 16, 2012 at 2:11 pm
Ryan is trying to promote a way to sustain it without destroying our country’s economy. Obamacare is destroying our company’s economy and taking medicare down with it.
August 16, 2012 at 9:32 pm
J.W. Wartick,
Just to present the incredible cynicism and dishonest of Obama for all his brazen “glory,” Obama raided Medicare of $716 billion in order to create the facade that his ObamaCare was “deficit neutral.” Obama dishonestly raids Medicare of that $716 billion and then double counts it, essentially saying he can both spend it on ObamaCare AND put it into the Medicare trust fund at the same time.
Many times I wanted to buy something but I believed it would be wiser for me to save my money: what a fool I’ve been! In ObamaMath I can buy whatever I want AND save my money at the same time!!!