Romney-Ryan surrogate, House Majority Leader Eric Cantor (R-Va), explains Ryan’s position on the Medicare cuts:
Attacking Obama’s health care reform law, Ryan said its “biggest, coldest power play of all” targeted seniors for $716 billion in cuts. But Ryan’s own budget counted on those same savings, which in fact would be squeezed from reimbursement payments to hospitals and insurers. Asked about the inconsistency of Ryan attacking cuts his own plan embraced, Cantor begged off.
“The assumption was that, um, the, the, ah, again — I probably can’t speak to that in an exact way so I better just not.”
The Medicare cuts that have been the topic of so many lies by both Mitt Romney and Paul Ryan, did not and do not affect Medicare beneficiaries at all, rather they are cost savings based on tweaking reimbursement payments to insurance and medical care providers. Additionally, Ryan retained those savings in his own budget, even as he railed against Obamacare and Obama for mythical cuts to Medicare beneficiary benefits.
