On President Obama’s answer in the Bret Baier interview about the double-counting of Medicare savings:
I do believe that’s the first time the president has been challenged on the claim he has made over and over again that this will — the half a trillion he is taking out of Medicare will both be used to reduce the cost of the health-care entitlement and extend the life of Medicare.
He has said over and over again. It was raised once by Ryan — Paul Ryan — in the [president’s] meeting with Republicans. But the president never answered it. So this is the first time, I do believe, he has ever answered it.
And it was really quite clever the way he tried to, but extremely unconvincing. What he said is, well, some of the money will be spent on older folks by closing what’s called the doughnut hole in Medicaid drug prescription benefits.
Well, yes. But that is still money spent in every year. That is, in fact, a new kind of entitlement in drug insurance for the elderly. It still is not money that you would put away, which is the only way that you could extend the life of Medicare.
So he tried to say: I’m spending it on old folks, at least a part of it — but that doesn’t answer the issue. If you spend it on the young or the uninsured or the old, it’s spent. It’s not saved, so it cannot extend the life of Medicare. . . .
If you can’t solve the extension-of-Medicare issue, you shouldn’t be going around saying over and over again that what you [are] solving at least a part of it. It [Obamacare] doesn’t. It makes it worse.






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