Friday, August 31, 2012

Eric Cantor tries to explain Paul Ryan's position on Medicare

As a follow-up to Paul Ryan’s Convention speech in 3 words ... here's a clarifying item via Paul Krugman:
Eric Cantor explains Paul Ryan’s position on Medicare cuts:

Attacking Obama’s health care reform law, Ryan said its “biggest, coldest power play of all” targeted seniors for $716 billion in cuts. But Ryan’s own budget counted on those same savings, which in fact would be squeezed from reimbursement payments to hospitals and insurers. Asked about the inconsistency of Ryan attacking cuts his own plan embraced, Cantor begged off. “The assumption was that, um, the, the, ah, again — I probably can’t speak to that in an exact way so I better just not,” he said.

—Jeff Weintraub