Romney Says Obama ‘Robbed Medicare’ for Health Overhaul Cost: President Barack Obama “robbed” Medicare to pay for the healthcare legislation he pushed through Congress in 2010, Republican presidential candidate Mitt Romney said in an interview broadcast Sunday night.
Romney made the claim when asked on the CBS program “60 Minutes” about the political risk of picking Representative Paul Ryan of Wisconsin as his running mate. Ryan, the chairman of the House Budget Committee, has led efforts to revamp Medicare, the government health-insurance program for the elderly.
“There’s only one president that I know of in history that robbed Medicare, $716 billion to pay for a new risky program of his own that we call Obamacare,” Romney responded.
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