Griper Blade: Ryan and Medicare: A Recipe for Increased Costs

Against the background of Mitt Romney's continuing attacks on Barack Obama and Medicare, PolitiFact checked a statement by Obama deputy campaign manager Stephanie Cutter. "You know, I heard Mitt Romney deride the $700 billion cuts in Medicare that the president achieved through health care reform," Cutter told Face the Nation. "You know what those cuts are? It’s taking subsidies away from insurance companies, taking rebates away from prescription drug company. Is that what Mitt Romney wants to protect? And interestingly enough Paul Ryan protected those cuts in his budget."

Not surprisingly -- since they also rated Romney's statements on this subject "mostly false" - PolitiFact rated this as "true."

But none of this is extremely surprising. It's a well-established fact that the Romney campaign is built on a mountain of lies. And this is yet another -- PolitiFact goes further than Cutter and argues that it's dishonest to even call the amount a cut. "Well, there are cuts and then there are CUTS. Neither Obama nor his health care law literally 'cut' a dollar from the Medicare program’s budget," the editors write. "Rather, the health care law instituted a number of changes to reduce the growth of Medicare costs. At the time the law was passed, those reductions amounted to $500 billion over the next 10 years."...[CLICK TO READ FULL POST]