CBPhilliips 1 year, 11 months ago on New blood needed in Congress

Yes, facts are important. Obama has admitted that his unaffordable and unpopular healthcare transformation relies on hundreds of billions of dollars in Medicare cuts. The assertion that the $712 billion that Obama took from Medicare was accomplished by a reduction in administrative costs rather than reduced services is absurd. The annual cost of Medicare for 2011 is projected to be $551 billion. http://www.kff.org/medicare/7305.cfm. The cost to administer the programs runs about 2.9 percent of the annual Medicare budget. http://healthpolicyandmarket.blogspot.com/2007/06/cost-to-administer-medicare-versus-cost.html. Romney and Ryan have a plan to save and preserve Medicare. Democrats offer nothing except cuts and rationing.