Kevin Graham wrote:http://www.politico.com/news/stories/0912/81490.html?hp=l6
And he repeats the tired lie about how Obama has funneled $700 billion from Medicare.
Its no "lie," but a documented empirical fact. If someone cannot tell the difference, or refuses to educate themselves sufficiently as to be able to speak intelligently about a subject, then one might suspect such a person has a serious credibility problem.
Oh, and the actual figure is 716 billion, not 700 billion. According to the CBO, these cuts cover:
A $260 billion payment cut for hospital services.
A $39 billion payment cut for skilled nursing services.
A $17 billion payment cut for hospice services.
A $66 billion payment cut for home health services.
A $33 billion payment cut for all other services.
A $156 billion cut in payment rates in Medicare Advantage (MA); $156 billion is before considering interactions with other provisions. The House Ways and Means Committee was able to include interactions with other provisions, estimating the cuts to MA to be even higher, coming in at $308 billion.
$56 billion in cuts for disproportionate share hospital (DSH) payments.* DSH payments go to hospitals that serve a large number of low-income patients.
$114 billion in other provisions pertaining to Medicare, Medicaid, and CHIP* (does not include coverage-related provisions).
http://blog.heritage.org/2012/08/01/oba ... nd-itself/