Tuesday, September 13, 2011

PolitiFact | Did President Barack Obama "steal" $500 billion from Medicare?



PolitiFact | Did President Barack Obama "steal" $500 billion from Medicare?: "Mostly, the new spending in the health care law comes from tax credits to help people of modest incomes buy health insurance and from expanding Medicaid to offer coverage to the poor. The tax credits and other cost-sharing subsidies are estimated to cost $350 billion over 10 years, while the Medicaid expansion costs $434 billion, according to the nonpartisan Congressional Budget Office."

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