Anyone who read the PPACA knows that Obama made cuts to Medicare Advantage to pay for ObamaCare.
10 years of cuts to pay for 6 years of ObamaCare.
Now, I want you to pay real close attention to the exchange that Matthew posted, because I am going to show you something after that which proves Obama was lying through his teeth:
TAPPER: “One of the concerns about health care and how you pay for it — one third of the funding comes from cuts to Medicare.”
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.”
Video
Video: Flashback: Obama Defends Cuts to Medicare to pay for ObamaCare
I have pointed out the "doc fixes" before. One of the ways Clinton balanced the budget was by reducing Medicare reimbursements. Except there is something most people don't know: Not one of those reductions has ever happened. Every year since then, Congress has passed a "doc fix" to stop those reductions.
Then along comes Obama who builds in a repeal of Medicare Advantage (MA) into the PPACA (see section 3201).
In the exchange which Matthew posted, Obama swears he is not going to do anything like those "doc fix" shams with respect to the MA reimbursement cuts.
Except he already has.
And here is the smoking gun, straight from the CBO:
U.S. GAO - Medicare Advantage: Quality Bonus Payment Demonstration Undermined by High Estimated Costs and Design Shortcomings
You see, those Medicare Advantage reimbursement cuts were supposed to start THIS YEAR.
Perhaps you have noticed that did not happen.
Gosh, I wonder why! Could it be because the last thing Obama needs in a tight race is a bunch of seniors having their Medicare Advantage benefits cut before the system which is supposed to replace it kicks in?
****! That's
gotta be a fly in the left wing propaganda bongwater!
10 years of cuts replaced by 6 years of benefits, see? That's Obama math.
The cuts kick in now, but the replacement doesn't start until years from now.
What was it Obama said? Oh yeah: "I actually have said that it is important for us to make sure this thing is deficit neutral, without tricks."
Uh huh. Yeah.
And notice he said he wouldn't sign
legislation which would stop the cuts. That is a lie of omission. Just like he said ObamaCare would not add one dime to the
federal deficit. He conveniently left out that it would astronomically balloon STATE deficits.
Since the Advantage cuts have not begun, what piece of magic did Obama pull to stop them?
Well, read the CBO link.
Obama created a "demonstration project". It's a deliberate sham and the CBO has busted him on it.
And check out this bombshell:
The MA Quality Bonus Payment Demonstration does not—and is not required by law to—conform to the principles of budget neutrality
The MA Quality Bonus Payment Demonstration dwarfs all other Medicare demonstrations—both mandatory and discretionary—conducted since 1995 in its estimated budgetary impact and is larger in size and scope than many of them.
The name of the CBO report is "Quality Bonus Payment Demonstration Undermined by High Estimated Costs and Design Shortcomings."
There you go. His "deficit neutral" bullshit is exploded. And his pledge not to pull any tricks is also exploded.
And the claim that one program was replaced with an equal program is exploded.
All in one tidy package.
You're welcome!
.