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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.
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