Politifact NOT disputing a claimed dispute
It is funny seeing people point to a Politifact post and then make the claim that it disputes Romney’s statement saying that $716 Billion was taken from Medicare. Politifact DOES NOT dispute that number nor that it was taken away from Medicare funding.
Reducing spending by $716 Billion does not cut Costs. If it costs me $600 a month to pay for Electricity in my house during the summer months I can’t just tell the Utility Company that I’m going to reduce my costs and therefore here is a check for $400 to cover my bill. Doing that will result in the Utility company cutting me as a customer.
If I want to reduce my costs to bring my bill down to $400 I have to cut the amount of the services I’m using.
That is what ObamaCare calls for. They are reducing the amount of money they are going to pay to Docs, etc… that accept Medicare patients. Doctors, etc… have their own overhead to pay for. If the payment rates being offered don’t cover that overhead then they won’t be seeing those patients.
Politfact does not dispute the $716 dollar number. They just take exception to the word Robbed and then fall headfirst into a Tu Quoque logical fallacy
Romney said, “There’s only one president that I know of in history that robbed Medicare, $716 billion to pay for a new risky program of his own that we call Obamacare.”
The only element of truth here is that the health care law seeks to reduce future Medicare spending, and the tally of those cost reductions over the next 10 years is $716 billion. The money wasnâ€™t “robbed,” however, and other presidents have made similar reductions to the Medicare program.”