Upload

Loading icon Loading...

This video is unavailable.

Medicare: Obama, Romney and Ryan trade barbs

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to like Taiwanese Animators's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to dislike Taiwanese Animators's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to add Taiwanese Animators's video to your playlist.

Published on Aug 20, 2012

Medicare debate: Who is the biggest liar? Barack Obama or Mitt Romney? The future of Medicare is shaping up to be a key issue in the 2012 US presidential election. Here is where the candidates stand on the future of Medicare.

The debate starts with Republican vice presidential candidate Paul Ryan, who has proposed providing vouchers for the purchase of Medicare services or private plans. Barack Obama and the Democrats have described this plan as "ending Medicare as we know it."

However, Ryan's plan wouldn't affect today's seniors. In fact, they would continue to receive Medicare. Those under the age of 54 today would have the option of purchasing Medicare or private coverage with their vouchers when Ryan's plan takes effect in 2023. He hopes competition would rein in escalating medical costs, saving US$700 billion.

Mitt Romney claims Barack Obama "robbed" Medicare of US$716 billion to pay for his signature ObamaCare program. But that's not exactly what happened.

What Obama did was slow growth in payments to Medicare providers over the next 10 years. (Washington, incidentally, refers to this as a "cut.") Medicare eligibility and services, however, remain the same. The US$716 billion "savings" then partially finances ObamaCare.

So who is the biggest liar on Medicare: Obama or Romney?

----------------------------------------­­---------------------------------------­-­

Daily videos brought to you by THE Taiwanese Animators behind the infamous Tiger Woods animation. We got the funniest animations on the web to help you stay in-the-know on all the trending stories, so sit back, relax, and watch a few.

Visit our channel for your daily dose of Taiwanese Animations:
https://www.youtube.com/user/NMAWorld...

Wish all your news was animated? Subscribe now:
http://www.youtube.com/subscription_c...

Can't get enough of Taiwanese animations? Connect with us here:
Facebook http://www.facebook.com/NMAtv
Twitter @nmatv http://www.twitter.com/nmatv
Tumblr http://nmatv.tumblr.com
Google+ http://gplus.to/NMAtv
Web http://www.nma.tv

Loading icon Loading...

Loading icon Loading...

Loading icon Loading...

Loading icon Loading...

Ratings have been disabled for this video.
Rating is available when the video has been rented.
This feature is not available right now. Please try again later.

Loading icon Loading...

Advertisement
Loading...
Working...
to add this to Watch Later

Add to