NYT Couldn’t Find the Missing $716 Billion in the Romney-Ryan Medicare Plan
Dean Baker, August 20th, 2012
The NYT did a classic he said/she said on the debate between the presidential candidates over Medicare. While such coverage is easy for reporters it is not very helpful to readers who generally have less time than reporters to determine the truth of specific claims.
For example, it might have been helpful to point out to readers that the Romney-Ryan budget assumes $716 billion in unspecified cuts to Medicare over the next decade. These mystery cuts are due to the fact that they have promised to repeal the Affordable Care Act (ACA) and thereby get rid of the projected Medicare savings for which it provides. Nonetheless, the budget assumes that Medicare would cost the same as President Obama had projected with these cuts.














