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Romney Sets World Record for Rapid Flip-Flop

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Kragar8/12/2012 12:37:19 pm PDT

Republicans Defend Paul Ryan: Obama Cut Medicare Too!

On the Sunday talk shows, Republicans continued to deflect criticism of Mitt Romney vice presidential pick Rep. Paul Ryan’s controversial Medicare plan by pointing out that ‘Obamacare’ cuts the program by $700 billion. But the same cuts are in Ryan’s budget.

“This president stole — he didn’t cut Medicare — he stole $700 billion from Medicare to fund Obamacare,” said Republican National Committee Chairman Reince Priebus, on NBC’s “Meet The Press.” “If any person in this entire debate has blood on their hands in regard to Medicare, it’s Barack Obama. He’s the one that’s destroying Medicare.”

The remarks oversimplify reality. The Affordable Care Act included $700 billion in reimbursement reductions under Medicare to hospitals, drug companies and supplemental private insurance plans, in an effort to slow the cost growth of the program. Benefits remain untouched; the cuts only target providers.