Woodward: Obama planning to cut $250 billion from Medicare over 10 years

posted at 10:41 am on October 3, 2012 by Ed Morrissey

Team Obama has attacked Mitt Romney over Medicare cuts even before Romney added Paul Ryan to the ticket, and certainly that’s been a major campaign theme for Democrats ever since.  Romney has responded by pointing out that Obama cut more than $700 billion from Medicare not to strengthen the program, but to expand Medicaid at the expense of senior choice through the Medicare Advantage program.  However, Team Romney might have some additional ammunition after Bob Woodward’s appearance on Morning Joe today.  The long-time political reporter and author claims that Obama has plans to cut more than $250 billion from Medicare in his next term, and has seen the memos detailing those proposals:

Mika Brzezinski says, “Wow,” at the end of audio clip, but it’s Joe Scarborough who goes after Obama for hypocrisy and demagoguery.  Woodward says that “this is beyond politics — it’s mathematics … you have to do something” about Medicare’s unsustainable path.  However, Scarborough wonders how Obama plans to make that happen after attacking Republicans for doing exactly what Woodward says — the math.

For the record, a $250 billion cut over 10 years is a step in the right direction, but it’s still a drop in the bucket when looking at the $100-trillion-plus in unfunded liabilities over the next few decades.  We need more than just a few cuts here and there to restore fiscal stability to Medicare — we need a serious, long-term plan to protect taxpayers from cost expansion in health-services delivery to an aging population.  The only one in this election who has such a plan on the table is Paul Ryan.  He’s been the only mover in DC willing to do the math and to propose an actual solution.  The question becomes whether voters are willing to reward him for doing so, or will choose the demagogues over the solvers.

Update: The White House responded to my post on Twitter:

Be sure to follow the link.  However, Obama and his campaign have attacked Romney and Ryan for proposing any kind of cuts to Medicare, and for offering a “voucher” program for Medicare which in fact uses the very same mechanism as Medicare Advantage, and the same as ObamaCare does on the state level: government-managed exchanges of approved insurance plans.

 


Related Posts:

Breaking on Hot Air

Blowback

Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.

Trackbacks/Pings

Trackback URL

Comments

Comment pages: 1 2

Del Dolemonte on October 3, 2012 at 12:23 PM

Woodward has pissed off the liberals…cause they had him on that Watergate pedestal for a long time

workingclass artist on October 3, 2012 at 12:29 PM

Noticed how his partner in crime, Carl Bernstein, now looks exactly like Buck Owens?

Bernstein

Hee-Haw

Del Dolemonte on October 3, 2012 at 2:57 PM

astonerii on October 3, 2012 at 2:33 PM

You conveniently ignored my very next post which detailed MY “other recent conservative fever dream”, which is based around the FREEDOM to determine how to spend my money on retirement and medical expenses. I fail to see how that is the spending of “other people’s wealth creation”. My plan is about the spending of MY wealth creation for MY personal responsibility in providing for myself in my old age.

I was addressing sesquipedalian’s blanket comment that all conservative ideas require an element of magic. It was not specific to Ryan’s plan, which was the strawman you attacked.

dominigan on October 3, 2012 at 3:44 PM

dominigan on October 3, 2012 at 3:44 PM

Sorry. I did not see that one. Thanks for being on my side :)

astonerii on October 3, 2012 at 4:28 PM

Comment pages: 1 2