The Daily Item, Sunbury, PA

Election 2012

October 12, 2012

FACT CHECK: Slips in vice president’s debate

(Continued)

BIDEN: “What we did is, we saved $716 billion and put it back, applied it to Medicare.”

THE FACTS: Contrary to Biden’s assertion, not all the money cut from Medicare is going back into the program in some other way. The administration is cutting $716 billion over 10 years in Medicare payments to providers and using some of the money to improve benefits under the program. But most of the money is being used to expand health care coverage outside of Medicare.

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Election 2012
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