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Axelrod Says Obama Hasn't Cut Medicare; Cutter Proud Of Medicare Cuts

Obama campaign Senior Adviser David Axelrod contradicts Deputy Campaign Manager Stephanie Cutter on President Obama cutting nearly three quarters of a trillion dollars from Medicare.

David Axelrod on saying Obama cut $700 billion from Medicare: "You're repeating what is a misstatement by the Republicans. I would call it a lie."

Stephanie Cutter: "I heard Mitt Romney deride the $700 billion cuts in Medicare that the President achieved through health care reform."

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