On NBC’s Meet The Press on Sunday, Republican National Committee Chair Reince Priebus reiterated the false claim that the Affordable Care Act guts Medicare, claiming that President Obama’s attempt to increase the program’s solvency amounts to “stealing” from America’s seniors.
“If any person in this entire debate has blood on their hands in regard to Medicare, it’s Barack Obama,” Priebus insisted:
PRIEBUS: This president stole — he didn’t cut Medicare — he stole $700 billion from Medicare to fund Obamacare. If any person in this entire debate has blood on their hands in regard to Medicare, it’s Barack Obama. He’s the one that’s destroying Medicare.
But Obama’s health care law extends the solvency of Medicare, and has already saved seniors $4 billion on prescription drugs. The savings reduce the growth rate of reimbursement rates and don’t affect beneficiaries.
Ryan’s plan, conversely, preserves all of the savings included in the reform law, uses them for deficit reduction and transforms the existing Medicare benefit guarantee into a premium support program that would provide seniors with depreciating vouchers to buy insurance from private plans.
The Congressional Budget Office found that the budget would reduce federal spending per Medicare beneficiary by 35 to 42 percent in 2050 and new recipients could pay up to $1,200 more by 2030 and more than $5,900 in that year.