Just Politics

[EZ2]

The Ratio of Obamacare's Medicare Cuts to New 'Benefits' is Fifteen-to-One -

http://t.co/YlhEC5jh

President Obama insists that Obamacare’s $718 billion in cuts to Medicare don’t affect seniors’ benefits. That’s misleading enough on its own. But the President goes even further, by claiming that his signature health law actually expands benefits for seniors, because the law slightly increases Medicare spending on preventive services and prescription drugs. But according to the Congressional Budget Office, for every $500 the law spends on preventive services and prescription drugs, it cuts the rest of Medicare by $7,385. That’s a cut-to-spending ratio of nearly 15 to 1.

http://www.forbes.com/sites/aroy/2012/10/02/the-ratio-of-obamacares-medicare-cuts-to-new-benefits-is-fifteen-to-one/