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Yes, ObamaCare Cuts Medicare More Than Romney

By Avik Roy, Forbes - August 15, 2012

You wouldn’t know it from listening to the Obama campaign, but there’s only one Presidential candidate in 2012 who has cut Medicare: Barack Obama, whose Affordable Care Act cuts Medicare by $716 billion from 2013-2022. Today, the Romney campaign reiterated its pledge to repeal Obamacare, and promised to “restore the funding to Medicare [and] ensure that no changes are made to the program for those 55 and older.”

It’s an important point of policy clarity. Left-of-center writers, such as Ezra Klein of the Washington Post, accurately point out that Paul Ryan’s 2011 and 2012 budgets repeal Obamacare while preserving Obama’s cuts to Medicare. “The difference between the two campaigns is not in how much they cut Medicare,” he writes, “but in how they cut Medicare.”

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