Romney on Medicare

Brendan James

Listen for the "Medicare raid" meme, which says that Obama is about to rob Medicare to the tune of $700 billion in order to pay for the controversial Affordable Care Act (ACA).

In fact, the oft-cited $700 billion figure represents the savings the ACA yields over 10 years by reducing Medicare spending, and it's chiefly the providers rather than beneficiaries who pony up to finance the long-term spending cut.

Read more:

Romney Running Misleading Medicare Robo-calls (National Journal)