President Obama has protested claims that Obamacare cut Medicare’s funding by even a penny. Fact-checkers like Factcheck.org, Politifact, and Bloomberg News said that Romney and the GOP’s claim that Obamacare cuts Medicare by $500B.
The Obama campaign has recently been everywhere on the issue as the Romney campaign has continued to highlight it against the protest of Sunday morning media pundits.
Turns out it was $716B for future Medicare funding–and it is true. And unlike the Ryan plan, President Obama’s cut is for seniors today.
Did the fact-checkers read the bill?