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August 14th, 2012 11:46 am
More on Obama, Ryan, and Medicare
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Ashton’s post yesterday brings up an important point about the Obama Administration’s handling of Medicare. The worst aspect of the cuts he cites, however, is the complete duplicity of the math involved. Basically, the Administration has attempted to claim the same money both as savings and expenditures. The best interpretation is total mathematical illiteracy. The worst is accounting fraud.

Paul Ryan ripped the Administration for this in his famous showdown with the president at the Blair House health care summit in 2010. For an even more bracing version of this dispute, see this exchange between Congressman John Shimkus (R-IL) and HHS Secretary Kathleen Sebelius, in which the Secretary, having reached a fork in the road, takes it:

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