News Headlines Article

Obamacare ‘raids’ Medicare? Not exactly
Los Angeles Times

Responding to accusations by Democrats and liberal groups that Republicans are trying to “end Medicare as we know it,” GOP candidates have been blasting Democrats for cutting billions from Medicare to fund the 2010 healthcare reform law, better known as Obamacare. As the party’s presumptive vice presidential nominee, Rep. Paul D. Ryan of Wisconsin, said last week, “[T]he president took $716 billion from the Medicare program — he raided it — to pay for Obamacare.”